Quote:
Originally Posted by Jesus H Christ
Dept?............more like an investment. They get paid on the interest or penalized if they cash out early. Meaning, if you bought stock in a company would you tell your friends and family that this company owes you money?.........
Second, if the US is such a shitty market why would they invest/risk 28% of their countries profit in another market besides their own?...would you?
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I didn't say it was a shitty market. But it is still a debt the treasury owes someone. Sure if the owner holds til maturity they get the valuer of the bill plus the interest. If the holder cashes out early yes they may take a hit depending on how it is traded. But in either case who owes the money to them. That's right, the US Treasury.