>>https://www.russellsage.org/sites/all/files/PfefferDanzigerSchoeni_InterimReport_2013.pdf ~
>>http://rthk.hk/rthk/news/englishnews/20130424/news_20130424_56_917511.htm
Australia investing in China debt, 24-04-2013: Australia's central bank is planning to invest about five percent of its foreign currency reserves in China sovereign debt, marking the first such investment by the Reserve Bank of Australia [RBA] in an Asian country other than Japan .. The RBA holds a total of about US$39 billion in foreign currency. The move will help diversify its investment. Australia's economy has been boosted by a resource boom on the back of demand for raw materials from developing countries, such as China.
Here's the big idea:
Many people — politicians and pundits alike — prattle on that China and, to a lesser extent Japan, own most of America's $14.3 trillion in government debt.
But there's one little problem with that conventional wisdom: it's just not true. While the Chinese, Japanese and plenty of other foreigners own substantial amounts, it's really Americans who hold most of America's debt.
Here's a quick and fascinating breakdown by total amount held and percentage of total U.S. debt, according to Business Insider:
- Hong Kong: $121.9 billion (0.9 percent)
- Caribbean banking centers: $148.3 (1 percent)
- Taiwan: $153.4 billion (1.1 percent)
- Brazil: $211.4 billion (1.5 percent)
- Oil exporting countries: $229.8 billion (1.6 percent)
- Mutual funds: $300.5 billion (2 percent)
- Commercial banks: $301.8 billion (2.1 percent)
- State, local and federal retirement funds: $320.9 billion (2.2 percent)
- Money market mutual funds: $337.7 billion (2.4 percent)
- United Kingdom: $346.5 billion (2.4 percent)
- Private pension funds: $504.7 billion (3.5 percent)
- State and local governments: $506.1 billion (3.5 percent)
- Japan: $912.4 billion (6.4 percent)
- U.S. households: $959.4 billion (6.6 percent)
- China: $1.16 trillion (8 percent)
- The U.S. Treasury: $1.63 trillion (11.3 percent)
- Social Security trust fund: $2.67 trillion (19 percent)
So America owes foreigners about $4.5 trillion in debt. But America owes America $9.8 trillion.
Coyote Howlin [CHI] ~ "Governments" are all BIFURCATED, not one so called earth government is a legitimate leader for the people of earth, else every human would be living in that environment of a sane society non-bifurcated governing higher consciousness. Perhaps there are communities, ?, which do respect the whole body of humans being in earth together, seeking the most balanced life on a finite 'home planet' with a very short span of energy productivity.
China, Russia, ET AL ALL participated in the humanitarian crises in the earth at this time as did every so called "PARTNER" with the U.S.A. Gamers.
The Bifurcated Politicians Are An Apartheid. Come now, digital computer virtual exchange belonging to the bifurcated Federal Reserve System [Fed] AND then, we get to have this Bifurcated governing body of, ?, sell us earth life as though this is a natural truth!? Whoa, pass the cosmic reality wake up before we go too far with this degeneration further.
Called currency wars, call what it isn't: civilized in the Twenty first Century [CXXI]. Selling and trading the greatest commodity: WAR. Weapons and other products of WAR, that are most greedily coveted.
Foundations do reports, grants are for the reports. As in the Psychology Crisis / Crises, so as in the entire foundations that were organized as an intentional Bifurcated-Apartheid.
Earth CXXI must get into recovery and figure out how to trade and exchange in a more modern idea, the wars are killing life and thus, charging for life and then killing life appears to also be a reality bifurcation.
Criminal insanity isn't sane. WARS have never been other than a serious criminal insanity and indeed a societal bifurcation, of those that 'have' and those that get to worship the 'have' cult-tribe as though these are the best of our species. Or, the 'have' criminally insane, 'SELF CHOSEN' ~ get to mass murder and kill indiscriminately. Do we honor the whole truth, and call what has always been in the degenerates throughout history, a brain apartheid or atom explosion of the idea of justice and common sense.
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