Showing posts with label Nutballs. Show all posts
Showing posts with label Nutballs. Show all posts

Thursday, July 31, 2025

Here's the latest chart for grand total foreign holdings of US Treasury securities 2000-2025

 I don't remember why I started doing this chart in May of whenever it was, but I stuck with it over the years.

It was probably some nutball during the Great Financial Crisis screaming that foreigners were dumping U. S. Treasury securities and we were all doomed!

The nutballs have been saying that for a loooooooooooooong time.

 

These are the raw, as-reported numbers at the time, and do not incorporate any subsequent revisions.

In May 2025, 43% of the over $9 trillion in outstanding value for foreign held UST was "Official", that is, by governments. And 89.8% of that 43% is invested in longer term Notes and Bonds.

Year over year in May the value of what is owned by foreigners is up a whopping 11.25%. 

Many people in addition to governments around the world are banking on the full faith and credit of the United States because they can't really bank on their own governments.

And that's a fact, Jack. 

Update:

And, of course, there's a government chart of this, updated quarterly. 

 



 

Monday, February 24, 2025

Nutball worlds in collision: Trumpism defends freedom in Europe with its right hand, stabs it in the back in Ukraine with its left, Biden defended freedom in Ukraine with his right, attacked it in America with his left


 

 But The Federalist has its blinders on. Biden baaaaaaad! Trump gooooood!

"Let's see if we can find some naive kid to write a story about it!" 

By Defending Free Speech Worldwide, Team Trump Reclaims America’s Global Moral High Ground:

Under President Donald Trump, the suppression of natural rights by Western powers will no longer be ignored by the United States.

Yep, J. D. Vance goes to Europe to beat up on our friends. But suppression of freedom will be ignored, in places like Russia, Saudi Arabia, and China. And above all in Ukraine.

This is the essence of libertarianism: Make the good the enemy of the perfect.

But defending freedom where it really counts would take some courage, and they don't have it. 

The author of this article, who graduated from college in 2022 with a BA in political "science", ends it touting the execrable Darren Beattie at Marco Rubio's State Department, a Taiwan surrender monkey. 


 

The article is the second in the queue at Real Clear Politics this morning. One goes there looking for some serious editorial judgment and gets this.

Trump/Vance don't have the moral high ground. They are just the cowardly other side of the same old hypocritical American coin.

Friday, November 15, 2024

One nutball era ends, another begins

 Trump attorney general pick Matt Gaetz under scrutiny as House Ethics report on sex and drug claims takes focus :

On Thursday, an attorney for the woman who alleges she had a sexual relationship with Gaetz when she was a minor said the Ethics panel should release the report.

“Mr. Gaetz’s likely nomination as Attorney General is a perverse development in a truly dark series of events. We would support the House Ethics Committee immediately releasing their report,” John Clune, a partner at Hutchinson Black and Cook, wrote on X.

“She was a high school student and there were witnesses,” the lawyer added.     

 

Trump picks vaccine skeptic RFK Jr. for Health and Human Services secretary

Kennedy, in a post on X, thanked Trump and wrote, “I’m committed to advancing your vision to Make America Healthy Again.” ...

Andrea Ducas, vice president of health policy for the advocacy group Center for American Progress, in a statement called Trump’s choice of Kennedy “nothing short of disastrous for the country.”

“His track record and open skepticism of longstanding medical science could jeopardize the incredible public health gains we’ve accomplished as a nation – including the gains we’ve made in combatting infectious disease through childhood vaccination programs and in making our food supply safer through pasteurization,” Ducas said.

 

End of the Nutball Era

Sure, sure it is.