throttling back
Jordan Hayes
jmhayes at j-o-r-d-a-n.com
Mon Aug 24 22:40:49 PDT 1998
> I have a dumb question: who
> does the U.S. owe $1.8 trillion? Japan, mostly? Couldn't they call in their
> chits in order to help themselves out of the mire?
The problem with Japan selling US bonds has always been: what would
they do with the cash? Put it in the postal bank and get 0.5%?
/jordan
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