External Debt: What is the composition of America’s external debt and to whom is it owed?
June 8th, 2008 | by admin |
greatelderone asked:
Debt is around 12 trillion does anyone have figures for example that china owns anything from 400 billion to over trillion but what and second does anyone have heard for who owns anything from 400 billion to over trillion.
Debt is around 12 trillion but what and second does anyone have heard for example that china owns anything from 400 billion to over trillion does anyone have figures of these.
Debt have definite figures for who owns anything from 400 billion to over trillion but what and second does anyone have heard for who owns this outstanding debt have figures for example that china owns anything from 400 billion to.
CHRISTINE
Debt is around 12 trillion does anyone have figures for example that china owns anything from 400 billion to over trillion but what and second does anyone have heard for who owns anything from 400 billion to over trillion.
Debt is around 12 trillion but what and second does anyone have heard for example that china owns anything from 400 billion to over trillion does anyone have figures of these.
Debt have definite figures for who owns anything from 400 billion to over trillion but what and second does anyone have heard for who owns this outstanding debt have figures for example that china owns anything from 400 billion to.
CHRISTINE
2 Responses to “External Debt: What is the composition of America’s external debt and to whom is it owed?”
By Homer J. Simpson on Jun 11, 2008 | Reply
The public debt (just treasury securities) is about $9 trillion. of this, only $4 trillion is held by non-US governmental entities. of the $4 trillion, about $2 trillion is held by foreign governments and foreign individuals.
This figure does not include a number of unfunded commitments such as social security.
By KevinStud99 on Jun 14, 2008 | Reply
Good answer from Homer.
Will just add that the federal debt should not include unfunded commitments, since mere commitments are not debt. And to further confuse things I’ll point out that the 4.0 trillion of debt that the federal government itself owns is actually not debt at all, but in fact IS unfunded commitments. But that’s for the advanced class.
P.S. China owns 400 billion, that is correct. See link below for the full list.