Music Banter - View Single Post - Apple Inc is now richer than the US federal government
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Old 07-29-2011, 05:28 PM   #9 (permalink)
Burning Down
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Quote:
Originally Posted by hip hop bunny hop View Post
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.
I don't even live in the States but I do know that the US government owes a significant amount of money to Canada.
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