Friday, April 13, 2007

number of the day........

taken from bloomberg "Asia Won't Finance U.S. Trade Deficit Forever: Michael R. Sesit "

Interest payments on U.S. Treasuries held by international investors climbed to a record $113.6 billion in 2005, the last year for which figures are available. If U.S. corporate debt is included, the figure surges to $300 billion, Quinlan said in a March 29 report.

For the first year since 1960, non-U.S. investors earned more dollars on their U.S. holdings in 2006 than U.S. residents earned on their overseas investments.

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