patrick.net
An Antidote to Corporate Media
1,310,296 comments by 15,537 users - AmericanKulakMaximumTrumper, MolotovCocktail, Patrick online now
invite response« First « Previous Comments 158 - 161 of 161 Search these comments
158
MolotovCocktail
2025 May 25, 8:21am
MolotovCocktail
2025 May 25, 8:21am
The government has a lot of debt but it has a lot of assets too:
•640 million acres of land (28% of America)
•$500B in gold reserves
•$1.8T in military equipment and bases
•300,000+ federal buildings (including national labs, NASA facilities, post offices)
•48,000 miles of interstate highways
•Massive mineral and energy resources (oil, gas, minerals, water rights)
•650M barrels in the Strategic Petroleum Reserve
•$1.6T in student loan debt owed to the government
•Air rights and wireless spectrum licenses
•Fannie Mae and Freddie Mac stakes (~$150B net worth combined)
•Power generation assets like the Tennessee Valley Authority (TVA)
•Ports, waterway infrastructure, and major federal transportation assets
•National parks and forests (economic and environmental value)
They would be hard to sell and liquidate, but they could definitely be leased, monetized, or privatized in part. Total estimated value: $25–50+ trillion.
https://x.com/HayekAndKeynes/status/1926451705845055530
159
AD
2025 May 26, 11:15am
AD
2025 May 26, 11:15am
.
https://dailyhodl.com/2025/05/24/fed-quietly-buys-43600000000-in-us-treasuries-in-alleged-stealth-qe-operation-after-china-abruptly-dumps-billions-in-bonds/
China now holds $765.4 billion in US Treasuries and is in third place behind the UK and Japan, which hold $779 billion and $1.13 trillion, respectively.
Interesting that the Chicoms maximum holdings was around $1.3 trillion around 2014.
I look forward to the Wolfman at Wolf Street website to give an update on the Federal Reserve's balance sheet.
.
https://dailyhodl.com/2025/05/24/fed-quietly-buys-43600000000-in-us-treasuries-in-alleged-stealth-qe-operation-after-china-abruptly-dumps-billions-in-bonds/
China now holds $765.4 billion in US Treasuries and is in third place behind the UK and Japan, which hold $779 billion and $1.13 trillion, respectively.
Interesting that the Chicoms maximum holdings was around $1.3 trillion around 2014.
I look forward to the Wolfman at Wolf Street website to give an update on the Federal Reserve's balance sheet.
.
160
Misc
2025 May 26, 12:10pm
AD says
The Chinese hold some additional hundreds of Billions through their SOEs. They try to keep their total holdings quiet, but yep in the UK and Carribean Islands as well as HK.
Interesting that the Chicoms maximum holdings was around $1.3 trillion around 2014
The Chinese hold some additional hundreds of Billions through their SOEs. They try to keep their total holdings quiet, but yep in the UK and Carribean Islands as well as HK.
161
AD
2025 May 26, 12:58pm
AD
2025 May 26, 12:58pm
Misc says
Who knows as far as Chicom State Owned Industries (SOEs) other than the Chicoms themselves, but the amount of US Treasuries held by China has steadily decreased since 2014.
.
AD says
Interesting that the Chicoms maximum holdings was around $1.3 trillion around 2014
The Chinese hold some additional hundreds of Billions through their SOEs. They try to keep their total holdings quiet, but yep in the UK and Carribean Islands as well as HK.
Who knows as far as Chicom State Owned Industries (SOEs) other than the Chicoms themselves, but the amount of US Treasuries held by China has steadily decreased since 2014.
.
« First « Previous Comments 158 - 161 of 161 Search these comments
As interest rates rise, the math says that it's better if invest any spare cash rather than pay down debt, which is at a low fixed rate (house, student loan, small car loan). However, particularly with the mortgage, there is something to be said for the peace of mind of having it behind me and owning my home outright. I'm fully funding my 401(k), and have a six month emergency fund, but until now, any "free cash" beyond that, I've been diverting to the mortgage. As I sit right now, the goal is have it paid off in the next 5 to 7 years. With high yield savings paying about 4% right now, that's a 1% spread relative to my 3% mortgage.
As much as I could try to invest in the market 1) I'm not that good, and 2) the market has more or less peaked, and I don't see another major bull market given that we are seeing the end of the "everything bubble". Once I own the house free and clear, then I'll have plenty of "play money" to invest or whatever and hopefully catch the next upswing.