In February, foreign buyers of United States Treasury securities increased their holdings by 0.8 percent to $5.89 trillion, up from the previous month’s $5.84 trillion, according to a report by the Treasury Department. Finance experts argue that foreign demand of U.S. debt will remain strong throughout the year because Congress has agreed to suspend the debt limit until March of next year.
China, which is the largest holder of Treasury debt, diminished its holdings by only 0.2 percent to $1.27 trillion. The second-largest holder of U.S. debt Japan, meanwhile, increased its holdings by 0.8 percent to $1.21 trillion.
Belgium continues to remain as the third-largest holder of Treasury securities for the second consecutive month with $341.2 billion. Brazil ($243.9 billion) and Taiwan ($180 billion) rounded out the top five countries.
Russia reduced its holdings by more than $5 billion to $126.2 billion.
The entire list can be read here.
Ironically Speaking
Capitalism Can Only Lead To Communism!
Capitalism with Government Intervention has Financial Control over Human Life! Capitalism that uses a Currency without the controlled backing of Gold or Silver Creates Elite Groups which Control The Middle and Lower classes with help from the Federal Reserve System!
Our Government of The People, By The People and For The People can still be an Excellent Government, as long as we put it back into our own hands. Changing a Government can be difficult but possible as long as all of the people stick together by continuous voting and writing to their political leaders.
Government is controlled by the Rich Elite who have received their Wealth Through Greed. This is okay, but the rich want to stay in high political positions so they can use the Government to maintain their Wealth. Only the Wealthy can receive these political positions, since they are the only ones who can afford the publicity to get there.
Once in a political position, they realize through greed the political decisions they have to make. Greed is human nature and very hard to control when there is a constant access to financial success from the Federal Reserve System.
Every time the Rich Elite want something done, they do not want to use their money. Instead, they think of a problem that needs capital and then pay for it through our Government, which in turn ends up back into the hands of the Rich.
The more problems they create – war, welfare, institutes, prisons, world affairs – means more money the Government has to borrow, which creates the deficit. This has to be paid through taxes, which means less pocket cash or printing excess Money from the Federal Reserve System, without Gold or Silver backing, which causes inflation. (Fiat Money/Currency)
All this Money ends up in the hands of the Rich through the natural process of business transactions that make the Rich richer and the Greedy greedier. The Rich will control the Middle and Lower Classes because we will all be in debt to these people as long as our Government keeps borrowing, taxing or printing our money.
This transaction is happening naturally worldwide because debt is the best way to control your fellow man. As soon as all the Governments are in debt to the Rich, we will be controlled by a World Government, which will make it easier for Big Business transactions. All mergers will end up with one winner like a Monopoly Game.
After all this happens, the only thing left is the Antichrist. Is there any difference between this and Hitler’s Communistic State?
Capitalism Can Only Lead To Communism!
Alan Burton
Dieterich, Ill.
alanburtoncirclebranch@hotmail.com