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<p>[QUOTE=&quot;justafarmer, post: 1209498, member: 3926&quot;]I generally agree with you but keep in mind that about half of the US debt is held by the US Government itself through the Fed, SSA, Fed Retirement Funds and etc. Of this half -1T has been assigned to the general public through FRNs. Yes foriegn governments hold massive amounts of US Treasury debt but we also have to keep in perspective that the US Government also hold signifcant amounts of foriegn govenment debt. Certainly there are some washes here.[/QUOTE]</p><p><br /></p>

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