I posed the earlier question about the $5.5 trillion US national deficit. Yes...I KNOW about Treasury bills, etc. What I am interested in knowing is the identity of the people who hold the "paper" on these massive debts. Who are they? What nation or nations? Who is in the the majority?
$5.5 trillion U.S. alone???...plus many, many other countries. Who has that kind of money to lend? Who has that kind of power? When is too much debt...too much debt???
2007-09-27
22:00:22
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1 answers
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asked by
John Mc
6
in
Business & Finance
➔ Credit