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![]() "DSK" wrote in message .. . John H wrote: Or maybe 'cause you lost again? Or maybe because you don't know the difference between cash money and a bond, either? Dang, I was hoping you'd explain it to Nobby and save me the trouble. DSK A bond is what the government sells to raise money to cover the national debt, or for temporary money. Since the national debt is about 7 trillion dollars, that says there are 7 trillion in bonds outstanding. Since Savings bonds are part of this, and lots of Americans have them, it would be hard to have even the GDP value of the USA held by China. |
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