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Donotunderstand

03/09/15 1:54 PM

#292153 RE: mike_usa #292151

question

I understand that F and F have 5 T in liability

but ? when one adds that to the GOV balance sheet is there not an asset offset of similar amount - so is it really an increase in debt

(maybe yes --- but in theory/reality an offsetting ability to pay that 5 trillion but the debt goes up?)