AndreusMaximus
Master
So, something I've never heard talked about before, is foreign governments that owe money to the USA. I found one source claiming the total owed to us by other countries is almost as much as the amount we owe to other countries, but my google skills must be lacking because every time I try to research who owes us money, it just comes up with results for who we owe money to.
Can anyone help me with finding solid info on this? I'm curious who owes us money, and whether or not they're paying us interest. Just about the only thing I've managed to find is this chart below, which, if accurate, puts our net amount owed to other countries at something like $3.4T, which, while massive, still seems at least remotely manageable. So the vast majority of our debt is really owed to the American public, if I'm now understanding correctly? So our worry isn't about China coming to demand we pay them back, so much as it is being completely unable to cut checks for social security, people redeeming bonds, etc, without completely selling out to other countries through foreign debt. Am I understanding this correctly?
Can anyone help me with finding solid info on this? I'm curious who owes us money, and whether or not they're paying us interest. Just about the only thing I've managed to find is this chart below, which, if accurate, puts our net amount owed to other countries at something like $3.4T, which, while massive, still seems at least remotely manageable. So the vast majority of our debt is really owed to the American public, if I'm now understanding correctly? So our worry isn't about China coming to demand we pay them back, so much as it is being completely unable to cut checks for social security, people redeeming bonds, etc, without completely selling out to other countries through foreign debt. Am I understanding this correctly?
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