Thread: Foreign Financing of US Government Debt-FYI

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

Foreign Financing of US Government Debt
This data comes from US Federal Reserve - Current as of September, 2005

Total foreign ownership of US Federal deficit currently stands at 45% as of end of first half of 2005

COUNTRY - OWNERSHIP OF U.S. GOVERNMENT DEBT

Japan $687.3 Billion
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

People, when the US Government owes over $2 Trillion to foreign lenders, then this means We the People owe $2 Trillion to foreign lenders.

That is debt in our names as American Citizens.