To Whom Do We Owe Our Great National Debt?
by Christian Stellakis on Oct 24, 2014 | Views: 236 | Score: 2
| Amount of US debt owned in USD (as of January 2013) | |
|---|---|
| Hong Kong | 142900000000 |
| Belgium | 143500000000 |
| Luxembourg | 144700000000 |
| Russia | 162900000000 |
| Switzerland | 192700000000 |
| Taiwan | 196600000000 |
| Brazil | 253400000000 |
| Japan | 1120000000000 |
| China | 1260000000000 |
| United States | 4140000000000 |
Sources:
howstuffworks.com
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For many people, the total amount of US debt is beyond comprehension. But to whom do we owe such an exorbitant amount? Primarily ourselves. About 36 percent of the US's public debt is due to the federal government borrowing from a host of domestic investors.