As of Today, the Biggest Holder of US Debt is Ben Bernanke
Submitted by tsai3904 on Tue, 11/23/2010 - 01:21ZeroHedge | November 22, 2010
Well, folks, it's official - mark November 22, 2010 in your calendars - today is the day the Ponzi starts in earnest. With today's $8.3 billion POMO monetization, the Fed's official holdings of US Treasury securities now amount to $891.3 billion, which is higher than the second largest holder of US debt: China, which as of September 30 held $884 billion, and Japan, with $864 billion.
http://www.zerohedge.com/article/today-biggest-holder-us-deb...
that ends the debate about
that ends the debate about wether China needs us more than we need them..
Oh how I wonder, oh how I worry
And I would dearly like to know
How all this squander of earthly plunder
will leave us anything to show
bump
bump
Historic!
Historic!