Japan investment in U.S. bonds 'unaffected' by downgrade

Japan is the second largest holder of US Treasury bonds after China

This is wrong. They are the third. China is second, and Americans are first and actually hold more than 50%.

Wish Japan had any other choice.

Wrong, Japangal, half of American debt is foreign owned. Printing money to buy 80% of NEW debt by the Federal Reserve isn't the same as being held by the American people.

So actually you can say the Federal Reserve owns most the debt. It's kind of funny. No one wants to buy it so America central private bank buys it.

Why keep buying US debt? The country has proven to the world how incredibly inept it is at taking critical, pragmatic decisions, and because of that the U.S. economy will just keep going sliding down hill.

I wonder how hard-line republicans feel about the fact that Canada now has a higher rating?