Quote:
Originally Posted by AK_Gandy
Yes, it is.
Just not from me.
First you say that... "they earn all the interest dollars instead of Americans?"....now you're saying that American investors don't want to buy the debt?
You're more than a little inconsistent here. 
It's not that complicated, nor is it some 'conspiracy.'
Treasury notes are issued by the United States, to fund our government.
Anyone can buy them.
The fact that foreign entities have deemed us a better credit risk (to the tune of about 80% of the notes of 3-10 years maturity are now foreign owned), than our own business'/people..........is something that has struck me as a little strange.
The fact of the matter is, they have more faith in our future than we do.
. |
I wasn't talking about treasury notes, I am talking about your local bank and securitization through Wall Street firms.
Do you suppose that Americans would earn more money on their deposits if the banks had to loan out money which they held in deposits rather than that which flowed into the Bank through the securitization process?
If you are not an accredited investor, then you cannot earn money on "sophisticated" debt instruments like MBS's.
