Who holds America's debt? - Jets Insider.com Forums

Jetdawgg · 07-25-2011, 09:22 AM

[QUOTE]Percentage of total U.S. debt, according to Business Insider:
Hong Kong: $121.9 billion (0.9 percent)
Caribbean banking centers: $148.3 (1 percent)
Taiwan: $153.4 billion (1.1 percent)
Brazil: $211.4 billion (1.5 percent)
Oil exporting countries: $229.8 billion (1.6 percent)
Mutual funds: $300.5 billion (2 percent)
Commercial banks: $301.8 billion (2.1 percent)
State, local and federal retirement funds: $320.9 billion (2.2 percent)
Money market mutual funds: $337.7 billion (2.4 percent)
United Kingdom: $346.5 billion (2.4 percent)
Private pension funds: $504.7 billion (3.5 percent)
State and local governments: $506.1 billion (3.5 percent)
Japan: $912.4 billion (6.4 percent)
U.S. households: $959.4 billion (6.6 percent)
China: $1.16 trillion (8 percent)
The U.S. Treasury: $1.63 trillion (11.3 percent)
Social Security trust fund: $2.67 trillion (19 percent)

So America owes foreigners about $4.5 trillion in debt. But America owes America $9.8 trillion.[/QUOTE]

[url]http://prorevnews.blogspot.com/2011/07/who-holds-americas-debt.html[/url]

MnJetFan · 07-25-2011, 10:51 AM

I have heard that the Banks hold up to 1 Trillion in Treasury Bonds, State and local and Pension Funds hold allot of money. It is very scary at this point.
It is the time right now to get our debt under control. We need to cut at least 1 trillion right away and more with a 6 month period and not spread out over decade either.

bitonti · 07-25-2011, 12:06 PM

the USA owes it's money to... the USA.

Geez we should stiff those bums.

MnJetFan · 07-25-2011, 12:20 PM

Do we keep on spending? I say no if the President doesn't get realistic it is all on him. He is in charge it is time to get it done. Not over ten years either immediately!

southparkcpa · 07-25-2011, 12:30 PM

[QUOTE=bitonti;4067427]the USA owes it's money to... the USA.

Geez we should stiff those bums.[/QUOTE]

Pretty simple huh.

bitonti · 07-26-2011, 12:25 PM

for the record

The total cost of new policies initiated during the administration of George Bush: $5.07 trillion. Barack Obama: $1.44 trillion.

[IMG]http://www.salon.com/technology/how_the_world_works/2011/07/25/george_bush_owns_the_deficit/chart.jpg[/IMG]

07-25-2011, 09:22 AM	#1
Jetdawgg All Pro Join Date: Aug 2004 Posts: 6,687	Who holds America's debt? [QUOTE]Percentage of total U.S. debt, according to Business Insider: Hong Kong: $121.9 billion (0.9 percent) Caribbean banking centers: $148.3 (1 percent) Taiwan: $153.4 billion (1.1 percent) Brazil: $211.4 billion (1.5 percent) Oil exporting countries: $229.8 billion (1.6 percent) Mutual funds: $300.5 billion (2 percent) Commercial banks: $301.8 billion (2.1 percent) State, local and federal retirement funds: $320.9 billion (2.2 percent) Money market mutual funds: $337.7 billion (2.4 percent) United Kingdom: $346.5 billion (2.4 percent) Private pension funds: $504.7 billion (3.5 percent) State and local governments: $506.1 billion (3.5 percent) Japan: $912.4 billion (6.4 percent) U.S. households: $959.4 billion (6.6 percent) China: $1.16 trillion (8 percent) The U.S. Treasury: $1.63 trillion (11.3 percent) Social Security trust fund: $2.67 trillion (19 percent) So America owes foreigners about $4.5 trillion in debt. But America owes America $9.8 trillion.[/QUOTE] [url]http://prorevnews.blogspot.com/2011/07/who-holds-americas-debt.html[/url]

07-25-2011, 10:51 AM	#2
MnJetFan All League Join Date: Feb 2005 Posts: 4,302	I have heard that the Banks hold up to 1 Trillion in Treasury Bonds, State and local and Pension Funds hold allot of money. It is very scary at this point. It is the time right now to get our debt under control. We need to cut at least 1 trillion right away and more with a 6 month period and not spread out over decade either.

07-25-2011, 12:06 PM	#3
bitonti searching Hall Of Fame Join Date: Apr 2003 Location: Philly Posts: 38,786	the USA owes it's money to... the USA. Geez we should stiff those bums.

07-25-2011, 12:20 PM	#4
MnJetFan All League Join Date: Feb 2005 Posts: 4,302	Do we keep on spending? I say no if the President doesn't get realistic it is all on him. He is in charge it is time to get it done. Not over ten years either immediately!

07-25-2011, 12:30 PM	#5
southparkcpa I see the 88 to 97 period all over again. Jets Insider VIP Join Date: Sep 2005 Location: NC Posts: 15,689	[QUOTE=bitonti;4067427]the USA owes it's money to... the USA. Geez we should stiff those bums.[/QUOTE] Pretty simple huh.

07-26-2011, 12:25 PM	#6
bitonti searching Hall Of Fame Join Date: Apr 2003 Location: Philly Posts: 38,786	for the record The total cost of new policies initiated during the administration of George Bush: $5.07 trillion. Barack Obama: $1.44 trillion. [IMG]http://www.salon.com/technology/how_the_world_works/2011/07/25/george_bush_owns_the_deficit/chart.jpg[/IMG]