TSXV:SLX.P - Post by User
Comment by
sunwoodon May 12, 2011 5:54pm
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Post# 18568948
RE: RE: These two numbers have increased !!
RE: RE: These two numbers have increased !!Hello Curvature!
Your post caught my eye (as, I guess, it is supposed to do!) Some very interesting thoughts.
But I need a little help ...
"Now the other great falacy that China holds all the US debt! They hold the equivalent of under 4 weeks worth of GDP. While foreign holders of US debt has grown greatly over the last bunch of years the majority of the debt is still held by the public in other words they owe most of it to themselves."
You make the point that China holds all the US Debt is a fallacy. Okay, but you go on to back that up with a statement that relates to GDP. I would find it easier to understand if you said they own such and such a per cent of the US debt. The mixing of debt and GDP in the same sentence leaves me confused.
Please don't treat this as a criticism. I really do want to understand and evaluate your point.
Kindest regards,
Sunwood