What Do US Treasuries Do for Me?

More and more people are waking up to the question, what do these US treasuries do for me? And I think this question is even more important for all the geopolitical reasons you and I discussed depending on who you are. If you're French or British, your countries are running twin deficits over eight, nine, 10% of GDP. So actually, you're not really in a position to buy a ton of USTreasury. All the excess savings in the world are accumulating right now is basically China and oil producers. Those are the guys that technically would have the ability to buy more US Treasuries.