Showing posts with label Treasury Bonds. Show all posts
Showing posts with label Treasury Bonds. Show all posts

Friday, July 15, 2011

Cashing in on Debt Crisis

Debt Ceiling cartoon by rbtenorio
Debt Ceiling cartoon, a photo by rbtenorio on Flickr.

One thing the media keeps forgetting to tell us about this $14 trillion debt-ceiling problem is who exactly we owe it to. China, yes. Japan, yes. But also Americans who took out bonds. Satan has a simple suggestion for these American bondholders in the latest episode of "The Devil Made Me Blog It"!