The First Domino in the Coming US Debt Crisis
Public-domain sources
1979 $10,000 U.S. Treasury Coupon Bond certificate
The bond certificate shown as the visual anchor inside the "Treasury Bonds" node of the network diagram.
- Source: Wikimedia Commons — https://commons.wikimedia.org/wiki/File:1979_$10,000_Treasury_Bond_.jpg
- Original collection: The Joe I. Herbstman Memorial Collection of American Finance
- License: Public domain. U.S. government work under 17 U.S.C. § 105 (Bureau of Engraving and Printing instrument); Bridgeman v. Corel doctrine confirms that faithful 2D reproduction of public-domain flat work creates no new copyright.
Federal Reserve press release, October 31, 2013
The on-screen webpage capture showing the Fed's announcement converting temporary bilateral liquidity swap arrangements to standing arrangements with the Bank of Canada, Bank of England, Bank of Japan, European Central Bank, and Swiss National Bank.
- Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20131031a.htm
- License: Public domain. U.S. federal government work under 17 U.S.C. § 105.
Foreign holders of U.S. Treasury securities — the "$9.4 trillion" total and the "$95.6 billion" UAE figure
- Source: U.S. Department of the Treasury, Treasury International Capital (TIC) System — Major Foreign Holders of Treasury Securities.
- Series home: https://home.treasury.gov/data/treasury-international-capital-tic-system
- Direct data table: https://ticdata.treasury.gov/Publish/mfh.txt
- Historical table (all countries, all months): https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/mfhhis01.html
- Releases used: Total foreign holdings ($9.49 trillion) — February 2026 release, published April 15, 2026. UAE holdings ($95.6 billion) — December 2025 figure from the TIC Major Foreign Holders table.
- License: Public domain. U.S. federal government data under 17 U.S.C. § 105.
U.S. military footage — DVIDS
Stock military / maritime footage used in the cut.
- Source: Defense Visual Information Distribution Service (DVIDS) — https://www.dvidshub.net/
- License: Public domain. U.S. federal government work under 17 U.S.C. § 105. DVIDS is the Department of Defense's official media distribution hub; all standard imagery and footage are public domain unless individually marked otherwise.
- Required notice: The appearance of U.S. Department of Defense (DoW) visual information does not imply or constitute DoW endorsement.
Foreign official Treasury custody at the New York Fed — the "lowest level since 2012" chart
The editorial chart showing foreign official U.S. Treasury holdings in custody at the Federal Reserve Bank of New York, dated through May 6, 2026.
- Data source: FRED series WMTSECL1 — Federal Reserve H.4.1 weekly statistical release, line "Securities held in custody for foreign official and international accounts: Marketable U.S. Treasury securities, Wednesday level."
- Series page: https://fred.stlouisfed.org/series/WMTSECL1
- CSV endpoint: https://fred.stlouisfed.org/graph/fredgraph.csv?id=WMTSECL1
- License: Public domain. U.S. federal government data under 17 U.S.C. § 105. Hosted by the Federal Reserve Bank of St. Louis.
Licensed stock assets
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Typography
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Custom motion graphics
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