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dtotire Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-06-06 02:17 PM
Original message
Foreign Ownership of U.S. Debt
Total foreign ownership of US Federal deficit currently stands at 45% as of end of first half of 2005

OWNERSHIP OF U.S. GOVERNMENT DEBT
COUNTRY
Japan $687.3Billion
China $252.2 Billion
United Kingdom $182.4 Billion
Caribbean Banking Centers $102.9 Billion
Taiwan $71.8 Billion
Germany $63.5 Billion
Korea $61.7 Billion
OPEC $54.6 Billion
Hong Kong $48.1 Billion
Canada $47.8 Billion

Grand Total $2,065.5 Billion

Conclusions:

* Foreign sources financed 54% of US Federal deficit in 2002, 73% in 2003, and 99% in 2004
* Total foreign ownership of US Federal deficit currently stands at 45% as of end of 1st half of 2005
* The US Government currently owes Japan $687 Billion, China $252 Billion, and Korea $62 Billion - together $1.0 Trillion
* The US Government currently owes $2.0 Trillion to foreign lenders

http://www.economyincrisis.org/congress/foreignfinanceddebt.asp

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wordpix Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-06-06 02:19 PM
Response to Original message
1. I think the debt is tied to BushCo's efforts to sell our national lands
We must IMPEACH THESE CRIMINALS NOW!
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waiting for hope Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-06-06 02:20 PM
Response to Original message
2. Well, we can thank
Edited on Thu Apr-06-06 02:44 PM by waiting for hope
the GOP for allowing this country to be owned by others.....I guess that make us their B*e*tch. I hope that in 20 years as the Dems are still trying to clean up their mess, that they will actually be vilified publicly for their misconduct and gross negligence..
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wookie294 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-06-06 02:21 PM
Response to Original message
3. Foreign ownership of U.S. debt has doubled under Bush
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-06-06 02:24 PM
Response to Original message
4. I wish Canada would foreclose and demand Washington State as payment.
I could learn to say "ehh" and even fake liking hockey.
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NJCher Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-06-06 02:34 PM
Response to Original message
5. can we sell Texas, with all the bushes in it?
How much do you think we could get for it?




Cher
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izzie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-06-06 02:36 PM
Response to Original message
6. Scary. It is big pile this group has left behind.
And with a leveling of the world eco. it is going to be hard not to be a nation that goes down hill fast. Well Russia said we would spend our self to death. Good part of that is military. And I guess that private military we are setting up and buying so no one will have to show the death count and lets our military hide more and more in the Green Zone is just one of our latest DOD money things.
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High Plains Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-06-06 02:38 PM
Response to Original message
7. Damn them furriners! American debt belongs to Americans.
Close the borders.

We must secure our debt.
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RedEarth Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-06-06 02:40 PM
Response to Original message
8. They sort of have us by the jewels, don't they...
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AX10 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-06-06 09:18 PM
Response to Original message
9. Not good.
America is deeply indebted to the rest of the world at a time when the rest of the world doesn't think highly of us.
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