Will the Last U.S. Equity Holder Please Turn off the Lights

Fairly stark stuff in the latest U.S. Treasury International Capital data on foreign holdings of U.S. securities. Adjusted net foreign acquisitions of said securities was around -$85-billion in August.


  1. I recently read the vast majority of U.S. securities are held by Saudi Arabia and China. Which may explain why we do virtually nothing to stem the flow of money from the Saudi’s to terrorist organizantions. Why has there never been any mention of freezing Saudi assets. Even the fact that 19 of the 9/11 highjackers were middle class Saudi’s got very little traction in the U.S. press.
    Its the worst case of “the pink elephant in the room” I can think of.
    The disturbing truth is, we can’t do without their oil or their deep pockets.
    Its “please turn off the lights” and a big helping of “don’t bite the hand that feeds you.”

  2. Come on now Paul. You are the last person I would expect to be such an alarmist. Do you think “Feriners” were the only wants to liquidate US assets in August? I actually thought the report was going to be much worse and it turned out decently. Wait to see what September shows, I will bet you 100 bucks the inflows in September are greater than the outflows in August.