Music Banter - View Single Post - Apple Inc is now richer than the US federal government
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Old 07-29-2011, 04:15 PM   #7 (permalink)
hip hop bunny hop
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Everyone is richer than the US government. Aren't they like 3 trillion dollars in debt, mostly to China? Which means they have no money at all. Not one cent. Yikes. I thought my total amount of student loans was bad.
The largest holder of US Treasury Bonds is actually the Japanese Government.

Anyways, you can't compare your personal debt to that of the USA Government; amongst other items, you aren't in control of the world's reserve currency. Further, it's in America's interest - at the point in time - to increase inflation.
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