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Offline Rapunzel

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« on: March 06, 2014, 07:25:00 PM »

Offline happyg

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« Reply #1 on: March 06, 2014, 08:08:49 PM »
I'm afraid Obama might overreact to all the criticism, and cause serious harm to the world. He's dumb enough to start WWlll, just to feed his hurt ego.

Offline Oceander

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« Reply #2 on: March 06, 2014, 11:14:10 PM »
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According to Treasury.gov, at the end of 2013 Russian held 138.6 billion dollars in American debt

I'm afraid the author does himself a serious disservice with this.  $138.6 billion dollars in US debt?  Is that all?  As per this Forbes article from today, the Federal Reserve buys about $45 billion worth of US debt on the secondary markets every month.  At that rate, it could easily buy all of the debt held by Russia in 3 months.  Nobody would feel a thing - beyond some market traders - if Russia dumped every last penny of US debt it currently holds.


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