No. of Recommendations: 2
the creditor nations are actually partners with the United States in terms of the value of the U.S.'s debt instruments which are held by these creditors.
Nope.
Want to guess yet again?
Or do you give up because you do NOT have a clue (as usual)?
I explained this, in detail, 10-15 yrs ago on the AARP message boards.
Someone stated (to summarize):
Because there is no secondary market for the securities held in the Social Security Trust Fund, they have no value. After doing a hearty ROFLMAO, I had to explain to him WHY there does not *need* to be a secondary market for those securities. FYI, those securities are NOT available to any other buyers of Treasury debt. Do YOU know why? I do.
Now, entertain us. This should be FUN !!! We are all waiting with bated breath for your explanation....
