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DrScopeify
CNBC Television
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Comments by "DrScopeify" (@drscopeify) on "Budget deficit putting Treasury prices in danger zone, suggests CNBC's Rick Santelli" video.
We had very very little trade with Russia so that's nothing
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@jp-sl7cd First of all, most of what was frozen was in Europe not in the USA, The amount in the USA is 6 billion which is really really small. Second, most of the money is assets that belonged to Russian companies like investments, business checking accounts, Russia did not store gold or other assets in the USA. So the amount we are talking about here is nothing crazy. You have many wealthy Americans that have more than 6 billion so this is pretty small amount.
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@jbranche8024 the USA issued DEBT is mostly held by the US Government itself (7 trillion) by the US FED (4 Trillion) by US Banks (2 trillion) and by American people, through pensions, American companies, and so when you look at the total US debt to Foreigners outside the USA it is only around 6-7 trillion and most is held by Japan. China only hold like 850 billion which is pretty small considering how much trade is going on between the 2 countries.
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Russian people are kept poor on purpose by the Government in Russia so that the oil the Russian government sells and export gives Putin total control over the country and economy. It's a game with a balance between inflation of cost of manpower, AKA the value of Russian people VS the income of the Government/Putin from oil/gas and other exports
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