Spartan Posted February 21, 2012 Report Share Posted February 21, 2012 Many people — politicians and pundits alike — prattle on that China and, to a lesser extent Japan, own most of America's $14.3 trillion in government debt. But there's one little problem with that conventional wisdom: it's just not true. While the Chinese, Japanese and plenty of other foreigners own substantial amounts, it's really Americans who hold most of America's debt. Here's a quick and fascinating breakdown by total amount held and percentage of total U.S. debt, according to Business Insider: [list] [*]Hong Kong: $121.9 billion (0.9 percent) [*]Caribbean banking centers: $148.3 (1 percent) [*]Taiwan: $153.4 billion (1.1 percent) [*]Brazil: $211.4 billion (1.5 percent) [*]Oil exporting countries: $229.8 billion (1.6 percent) [*]Mutual funds: $300.5 billion (2 percent) [*]Commercial banks: $301.8 billion (2.1 percent) [*]State, local and federal retirement funds: $320.9 billion (2.2 percent) [*]Money market mutual funds: $337.7 billion (2.4 percent) [*]United Kingdom: $346.5 billion (2.4 percent) [*]Private pension funds: $504.7 billion (3.5 percent) [*]State and local governments: $506.1 billion (3.5 percent) [*]Japan: $912.4 billion (6.4 percent) [*]U.S. households: $959.4 billion (6.6 percent) [*]China: $1.16 trillion (8 percent) [*]The U.S. Treasury: $1.63 trillion (11.3 percent) [*]Social Security trust fund: $2.67 trillion (19 percent) [/list] So America owes foreigners about $4.5 trillion in debt. But America owes America $9.8 trillion. For a smart take on how President Obama and House Republicans should end gridlock over debt and deficits, see our new GlobalPost series The Negotiator, which features Wharton's negotiation guru Stuart Diamond.And to bone up on China's debt — another potentially big global economic headache Link to comment Share on other sites More sharing options...
Spartan Posted February 21, 2012 Author Report Share Posted February 21, 2012 very old post....ignore it if seen already..Jul 2011 news idi... Link to comment Share on other sites More sharing options...
happyprince Posted February 21, 2012 Report Share Posted February 21, 2012 [quote name='ChittiNaidu' timestamp='1329785958' post='1301434461'] Many people — politicians and pundits alike — prattle on that China and, to a lesser extent Japan, own most of America's $14.3 trillion in government debt. But there's one little problem with that conventional wisdom: it's just not true. While the Chinese, Japanese and plenty of other foreigners own substantial amounts, it's really Americans who hold most of America's debt. Here's a quick and fascinating breakdown by total amount held and percentage of total U.S. debt, according to Business Insider: [list] [*]Hong Kong: $121.9 billion (0.9 percent) [*]Caribbean banking centers: $148.3 (1 percent) [*]Taiwan: $153.4 billion (1.1 percent) [*]Brazil: $211.4 billion (1.5 percent) [*]Oil exporting countries: $229.8 billion (1.6 percent) [*]Mutual funds: $300.5 billion (2 percent) [*]Commercial banks: $301.8 billion (2.1 percent) [*]State, local and federal retirement funds: $320.9 billion (2.2 percent) [*]Money market mutual funds: $337.7 billion (2.4 percent) [*]United Kingdom: $346.5 billion (2.4 percent) [*]Private pension funds: $504.7 billion (3.5 percent) [*]State and local governments: $506.1 billion (3.5 percent) [*]Japan: $912.4 billion (6.4 percent) [*]U.S. households: $959.4 billion (6.6 percent) [*]China: $1.16 trillion (8 percent) [*]The U.S. Treasury: $1.63 trillion (11.3 percent) [*]Social Security trust fund: $2.67 trillion (19 percent) [/list] So America owes foreigners about $4.5 trillion in debt. But America owes America $9.8 trillion. For a smart take on how President Obama and House Republicans should end gridlock over debt and deficits, see our new GlobalPost series The Negotiator, which features Wharton's negotiation guru Stuart Diamond.And to bone up on China's debt — another potentially big global economic headache [/quote] Nice post dude Link to comment Share on other sites More sharing options...
Nellore Pedda reddy Posted February 21, 2012 Report Share Posted February 21, 2012 but still Link to comment Share on other sites More sharing options...
psycopk Posted February 21, 2012 Report Share Posted February 21, 2012 gp Link to comment Share on other sites More sharing options...
CORLEONE Posted February 21, 2012 Report Share Posted February 21, 2012 gp Link to comment Share on other sites More sharing options...
BUGS BUNNY Posted February 21, 2012 Report Share Posted February 21, 2012 gp Link to comment Share on other sites More sharing options...
dalapathi Posted February 21, 2012 Report Share Posted February 21, 2012 China ney kadaa ekkuva vundhi.......!!! Link to comment Share on other sites More sharing options...
Spartan Posted February 21, 2012 Author Report Share Posted February 21, 2012 [quote name='dalapathi' timestamp='1329789708' post='1301434641'] China ney kadaa ekkuva vundhi.......!!! [/quote][list] [*]China: $1.16 trillion (8 percent) [*]The U.S. Treasury: $1.63 trillion (11.3 percent) [*]Social Security trust fund: $2.67 trillion (19 percent) [/list] Link to comment Share on other sites More sharing options...
Silver_mani Posted February 21, 2012 Report Share Posted February 21, 2012 gp Link to comment Share on other sites More sharing options...
dalapathi Posted February 21, 2012 Report Share Posted February 21, 2012 [quote name='ChittiNaidu' timestamp='1329789767' post='1301434645'][list] [*]China: $1.16 trillion (8 percent) [*]The U.S. Treasury: $1.63 trillion (11.3 percent) [*]Social Security trust fund: $2.67 trillion (19 percent) [/list] [/quote] antey bayata countries lo adhye max kadaa anie........... Link to comment Share on other sites More sharing options...
google2012 Posted February 21, 2012 Report Share Posted February 21, 2012 gp Link to comment Share on other sites More sharing options...
Spartan Posted February 21, 2012 Author Report Share Posted February 21, 2012 [quote name='dalapathi' timestamp='1329789891' post='1301434654'] antey bayata countries lo adhye max kadaa anie........... [/quote] ee edavalaki oka edava optimism tagaledindi kada.. maaku evvadu rule seyya leru..meme anuukuntu pose kodtaru kada..alantodu rasina col idi... dependency ki definition telvad....own country ni consider cheyakudadu ani.... Link to comment Share on other sites More sharing options...
dalapathi Posted February 21, 2012 Report Share Posted February 21, 2012 [quote name='ChittiNaidu' timestamp='1329790016' post='1301434663'] ee edavalaki oka edava optimism tagaledindi kada.. maaku evvadu rule seyya leru..meme anuukuntu pose kodtaru kada..alantodu rasina col idi... dependency ki definition telvad....own country ni consider cheyakudadu ani.... [/quote] ooh............atla cheppukovataaniki create cheisnraa.......... avunu inkoka doubt..........ee debt clock lo oka 2 months back 16 trillion ani chuusinattu gurthu..........16 trillion ayina taruvaata appu emanan teerchesinraa..........leka pothey perigi thagginattu nenu porabaddaanaa.........!!! [url="http://www.usdebtclock.org/"]http://www.usdebtclock.org/[/url] Link to comment Share on other sites More sharing options...
Spartan Posted February 21, 2012 Author Report Share Posted February 21, 2012 [quote name='dalapathi' timestamp='1329790339' post='1301434676'] ooh............atla cheppukovataaniki create cheisnraa.......... avunu inkoka doubt..........ee debt clock lo oka 2 months back 16 trillion ani chuusinattu gurthu..........16 trillion ayina taruvaata appu emanan teerchesinraa..........leka pothey perigi thagginattu nenu porabaddaanaa.........!!! [url="http://www.usdebtclock.org/"]http://www.usdebtclock.org/[/url] [/quote] nenu paina vesina post ki compare cheyaku...adi Jul 2011 stats.... Link to comment Share on other sites More sharing options...
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