November 11, 2009
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China is supposedly buying more than 1 trillion of our current debt. I am aware that we have a trade deficit but it is no where near that amount. So how are they buying our debt? Or are they?
Filed under Debt Consolidation by admin
September 23, 2009
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I know the US external debt is around 12 trillion, but what is the composition of the said debt? Treasury securities? What?
And second, does anyone have figures for who owns this outstanding debt? I have heard for example that China owns anything from 400 Billion to over 1 trillion. Does anyone have definite figures of these?
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Filed under Debt Consolidation by admin
