Thank Heavens For All Those Foreigners Who Keep Lending Us Money

International holdings of Treasury bonds have nearly doubled since the start of the financial crisis, Asha Bangalore at Northern Trust notes–from $2.2 trillion to $4.1 trillion.

On behalf of the debtor-nation US, we thank you, world.  That’s another $2 trillion we owe you.  On top of the original $2 trillion.

Foreign Holdings Of US Treasuries

Photo: Northern Trust

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