A recent drop in Irish held US Bonds and Russia selling off most of its US Treasury Bonds, has once again highlighted the fact that Ireland is the third largest US Treasury Bond holder in the world, where Bonds held in Ireland equal the country’s annual economic output (GDP)! However this pot of gold is not Irish.
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Absentee Bondholders? Ireland is 3rd Biggest Holder of US Treasury Bonds: $314,000,000,000 – Equal to it’s Annual GDP! Yet Ireland Benefits Little
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