Who Will Be The Last One Left Holding U.S. Bonds?

The national debt of the federal government is $16.5 trillion, $52,317.30 for every individual in the United States. The only sane and moral stance is to repudiate it entirely.

The U.S. Treasury Department has revised its estimates of the foreign ownership through the end of Fiscal Year 2012, which means that we can now finalize our picture of just who the major holders of the 16.027 trillion dollars of the outstanding U.S. government debt issued through 30 September 2012 are:

The answer is illustrated below:

Today, we're taking a preliminary look at just who owns all the debt issued by the U.S. federal government through 30 September 2012 - the end of the U.S. government's fiscal year. Our chart below visualizes what we found:

My colleague Neil Irwin has a nice piece on the state-of-play at the Federal Reserve:

Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.This post is a guest contribution by David Greenlaw and Ted Wieseman of Morgan Stanley.

This story was funny. The Federal Reserve plans to "Twist" its balance sheet.Translating into English, the Federal Reserve plans to sell some short term Treasury debt and buy longer term Treasury debt. They will still keep the Fed Funds Rate at 0%-0.25%.What's the point? Who benefits? Duh! I'm not even going to bother with spoiler space.