quote

It is a wise man who plants a tree in the shade of which he knows he will never sit. -- Greek proverb --

Judge each day not by the harvest you reap but by the seeds you plant. -- Robert Louis Stevenson --

From On High - Coming to you from a secured redoubt on Big Walker Mountain in the heart of Virginia's Blue Ridge.

Saturday, May 01, 2010

Who Owns America?

Well, it's clear who's holding our debt obligations:

The verdict is in: China is still the top holder of U.S. government debt, the Treasury said in a report on Friday.

Friday's report also shows that China ... remained the top foreign holder with $877.5 billion. Japan in February 2010 had $768.5 billion, while the U.K. had $233.5 billion. [link]
"China Remains Biggest Holder of U.S. Debt," Wall Street Journal, April 30, 2010

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