Phantom riddle

[phantom_opera]

this year’s US interest payment to China totals more than ALL the silver that was mined in the world last year.

how much do u think US paid China for interest of holding US Treasuries??

In terms of billions please

[phantom_opera]

hint: 2y of interest is enough to buy Facebook

[PN]

I think it's about 27 Billions. Tio bo? Got prize or not? :D

[phantom_opera]

I think it's about 27 Billions. Tio bo? Got prize or not? :D

:cheers1: very right .... debt to China > 1T, interest about 2.6-3% pa (as China bought last time when 10y UST still yielding that high)

that is 63 plots of prime lands in Singapore with recent bid of half a billion for Bukit Merah

now u know why need to have ABSD and developers must finish development in 5y ... otherwise what if China decides to use one year of interest from US to buy up 100 lands in Singapore :beats-me-man: :scared-3:

[carbuncle]

just dont sell lor. duhz...

[phantom_opera]

Where have all the money gone??

The combined $63 billion in profit reported by the six largest U.S. lenders over the four quarters through June is more than they earned in any calendar year since the peak in 2006.

Fewer than 20 companies, including the banks, made $10 billion in the four quarters though June.

Bank of America Corp. made more in the 12-month period than Walt Disney Co. and McDonald’s Corp. combined. Citigroup Inc. (C), which like Bank of America took $45 billion in taxpayer funds, earned more than Caterpillar Inc. (CAT) and Boeing Co. :banghead:

[phantom_opera]

yet

Citigroup shares have fallen more than 90 percent since Oct. 1, 2007, Bank of America is down more than 80 percent and Morgan Stanley more than 70 percent.


=> Is this not PONZI??

[Allthepies]

Can ask the US pay in gold or in US$? :D :D