America shockingly owes over $6 trillion to these countries

[sheshe2]

https://www.msn.com/en-us/money/markets/america-shockingly-owes-over-dollar6-trillion-to-these-countries/ss-AAJayWT?li=BBnb7Kz#interstitial=0

Who owns America's debt?
U.S. government debt can be bought by anyone through Treasury securities (bills, notes or bonds), which represent an IOU from the government to the investor. The U.S. then pays interest every year to those "borrowers" to service the debts. In 2019, America's debt surpassed $22 trillion for the first time ever, as it has climbed dramatically in the years following 2008's financial crisis. While much of America’s debt is owed domestically, foreign investors hold more than $6 trillion, both through central banks and private funds.

Ranking the top debt-holding countries from the lowest to highest, according to the Treasury’s most recent data from August 2019, click through to see who the U.S. owes most to.


OMG! Clickity Click.

[BigmanPigman]

1. Wait, I thought the US was owed money by all the other

countries since all we do is waste money on them. At least this is the BS the fucking moron keeps telling other countries and us.

[progree]

2. I couldn't find a link to click, but here is one

https://ticdata.treasury.gov/Publish/mfh.txt

Just showing August 2019 (the latest), but the above link shows monthly from August 2018 to August 2019 from right to left (sigh)

Amounts are billions of dollars

Japan 1174.7
China, Mainland 1103.5
United Kingdom 349.9
Brazil 311.5
Ireland 272.5
Luxembourg 244.4 <==
Cayman Islands 236.3 <==
Switzerland 233.2
Hong Kong 224.6
Belgium 217.9
Taiwan 186.0
Saudi Arabia 183.8
India 162.2
Singapore 145.5
France 133.9
Canada 118.0
Korea 117.8
Norway 101.0
Thailand 94.1
Germany 86.5
Bermuda 79.0
Mexico 53.3
Netherlands 50.2
United Arab Emirates 49.4
Sweden 48.4
Italy 46.7
Kuwait 44.1
Spain 43.1
Israel 43.0
Poland 38.8
Australia 38.4
Iraq 35.1 <-hmm
Philippines 33.9
Colombia 32.4
Chile 31.1
All Other 493.3
Grand Total 6857.5 <== was 6278.6 in August 2018, so increased by 9.2% in just one year

U.S. institutions and investors also own a lot of sovereign debt of other countries ... easy enough to invest in non-U.S. bonds through mutual funds and ETFs from Fidelity, Vanguard, iShares, ...

[sheshe2]

3. Took me a minute too...

It is the arrow in the pics and the text appears below for each of them.

[progree]

4. Thanks. I see they include some explanation for each country shown, nice. nt

[progree]

5. Hmm, they got it backwards. The U.S. Treasury is the borrower, while the buyers of the

Treasury securities are the lenders.

The U.S. then pays interest every year to those "borrowers" to service the debts.

Nope,The U.S. pays interest every year to those "lenders" to service the debts.

[keithbvadu2]

6. Donald recommended defaulting on the national debt.

Donald recommended defaulting on the national debt.

Negotiating with the creditors to take less money.

Don’t forget that much of America’s debt is owned by Americans, not just the Chinese and other foreigners .

Donald Trump's Glorious Threat To Default On The National Debt Is Just The Conventional Wisdom

https://www.forbes.com/sites/timworstall/2016/05/07/donald-trumps-glorious-threat-to-default-on-the-national-debt-is-just-the-conventional-wisdom/#59ab980ca367

?uuid=05b585b6-a565-11e8-b6ab-ac162d7bc1f7

[UTUSN]

7. Spoiler: #1 Japan, #2 China, #3 UK... am surprised at all the rest - do we owe *EVERYBODY*?!1

[sheshe2]

8. Apparently.