Is Iraq Financing Our National Debt?

[Luigi1]

Here's another article from around Dinarland...

Is Iraq financing our national debt?

What impact will this have on Iraq's total wealth?

Treat as a rumor.  Not verified.  Your opine.

 

 

Bondlady’s Corner:

ARTICLE:  US Treasury:  Iraq’s Holdings Of US Bonds Increased To $34.587 Billion.

The US Treasury announced today, Sunday, that Iraq increased its holdings of US bonds to more than 2.5 billion Dollars during the month of July.  It stated in its latest table: that Iraq’s possession of US Treasury bonds for the month of July of 2022 increased by 2.622 Billion Dollars, or 8.2%, to reach 34.587 Billion Dollars, after it was 31.965 Billion Dollars in the month of June, indicating: that these bonds rose from the same.  The month of last year 2021, when Iraq’s holdings of bonds amounted to $19 Billion.

 

[ronscarpa]

10 minutes ago, Luigi1 said:

Is Iraq financing our national debt?

ARTICLE:  US Treasury:  Iraq’s Holdings Of US Bonds Increased To $34.587 Billion.

 

Thanks Luigi ... for this interesting article..! 

[Luigi1]

5 minutes ago, ronscarpa said:

 

Thanks Luigi ... for this interesting article..! 

 

Could this take away from Iraq's total wealth & the possibility of lowering the RV rate when it does happens?

[JonnyV]

27 minutes ago, Luigi1 said:

 

Could this take away from Iraq's total wealth & the possibility of lowering the RV rate when it does happens?

 

No it won’t.  

[Luigi1]

4 minutes ago, JonnyV said:

 

No it won’t.  

 

Good response.   OK.  Here's another question...

Is the US exporting it's inflation around the world by getting nations to invest in US bonds?

 

[ronscarpa]

12 minutes ago, Luigi1 said:

 

Good response.   OK.  Here's another question...

Is the US exporting it's inflation around the world by getting nations to invest in US bonds?

 

Yes..!

[cjdavid]

This is getting interesting