U.S. Debt: Day of Reckoning ahead

The above chart provides us a view of who buys our debt.  The top two creditors have been China and Japan and both have separate reasons for reducing their holdings.  First, Japan’s recent disaster will cause them to focus their economic power in rebuilding and restarting their economy.  Secondly, China has been reducing their holdings … Continue reading U.S. Debt: Day of Reckoning ahead