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03-02-2006, 01:54 AM #1
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 lendersIt's like hell vomited and the Bush administration appeared.
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03-02-2006, 08:43 AM #2
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.
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