"Let's take a look at the graph about debt maturity (Chart 1). It tells us that most of the U.S. debt is short-term debt payable within 5 years. The scary part is that it is a huge amount of debt that needs to be repaid (around 1-2 trillion U.S. dollar short term). $900 billion is to be paid after 1 year, $750 billion is to be paid after 2 years, $450 billion is to be paid after 3 years, etc... Even more scary is that the U.S. treasury isn't so transparent about the debt maturity report. Chart 1 is published in February 2010 and hasn't been updated lately. Also, Ben Bernanke is allegedly trying to make us believe that most of the debt is long term, which it is not (source: Ben Bernanke at Fed meeting on 7 June 2012)."http://seekingalpha.com/article/656631-u-s-debt-maturities-e...see chart at linkAt the end of June 2011, foreign holdings of short-term debt (less than 1 year) was $881 billion. If we look at Chart 2, we see that fed holdings of U.S. treasuries was $130 billion at the end of June 2011. This indicates to us that most of the short-term debt (87%), is held by foreigners (which is the most crucial and important debt).Let us now take a look at the average maturity date of the debt portfolio (Chart 3). It tells us that the U.S. was in real trouble during the financial crisis of 2008, where debt maturity hit an all-time low of 4 years. Imminent default was looming in that period. Today, the average debt maturity has risen to a high of 5 years, but it is still very low compared with other countries.. Even Greece has a higher maturity of 8 years ----wow....we're worse than Greece!.....t
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