Friday , November 16 2018
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$21.1 Trillion And Counting—Where Uncle Sam’s Debt Is

Summary:
By the end of April – to stay within the time frame of the TIC data – the US gross national debt had reached .07 trillion. This was up by .22 trillion from a year earlier! So who bought this .22 trillion of new US Treasuries? Someone must have! https://wolfstreet.com/2018/06/15/who-the-heck-bought-the-1-2-trillion-in-new-us-treasuries-over-the-past-12-months/

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By the end of April – to stay within the time frame of the TIC data – the US gross national debt had reached $21.07 trillion. This was up by $1.22 trillion from a year earlier! So who bought this $1.22 trillion of new US Treasuries? Someone must have!

https://wolfstreet.com/2018/06/15/who-the-heck-bought-the-1-2-trillion-in-new-us-treasuries-over-the-past-12-months/

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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