Thursday, April 14, 2011

Caribbean Islands Own US Treasury Bonds

Where di they get all the money to buy our national debt? Taxes on US banks that run their profits offshore to reduce their tax burden?

Why dont we invade Cayman and take em out? That would save $143B in the national debt.

Clipped from www.cnbc.com

The Biggest Holders of US Government Debt





US debt holdings: $146.3 billion


The US Treasury identifies this group as institutions in the Bahamas, Bermuda, the Cayman Islands, Netherlands Antilles, Panama and the British Virgin Islands.


Holdings are currently listed at $146.3 billion, down about $20 billion from 2010's high of $166.3 billion in May 2010. The group's all-time high of $213.6 billion was reached in March 2009.



Read more at www.cnbc.com
 

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