I am talking government…
here's something you might want to apprise yourself of:
http://www.businessinsider.com/who-owns-us-debt-2011-7?op=1
holders of united states' government debt:
Hong Kong - .9%
Caribbean Banks - 1%
Taiwan - 1.1%
Brazil - 1.5%
OPEC nations - 1.6%
Mutual funds - 2%
Commercial Banks - 2.1%
State, Local and Federal Pensions - 2.2%
Money Market Mutuals - 2.4%
UK - 2.4%
Private pensions - 3.5%
………………………..20.5% of the total
State and local governments - 3.5%
Japan - 6.4%
US households - 6.6%
China - 8%
Federal Reserve - 11.3%
……………………….. 56%. of the total
Social Security Trust Fund - 19%
……………………….. 75%. of the total
the other 4.6 trillion is made up in intra-governmental debts - largely in various securities and held by the postal service, highway trust fund, unemployment trust and etc
In all, the Treasury owes foreigners and foreign governments $4.514 trillion dollars
But Americans own most of their own country's $14,342,909,569,328.74 of debt.
nothing to worry about, right?
here's something you might want to apprise yourself of:
http://www.businessinsider.com/who-owns-us-debt-2011-7?op=1
holders of united states' government debt:
Hong Kong - .9%
Caribbean Banks - 1%
Taiwan - 1.1%
Brazil - 1.5%
OPEC nations - 1.6%
Mutual funds - 2%
Commercial Banks - 2.1%
State, Local and Federal Pensions - 2.2%
Money Market Mutuals - 2.4%
UK - 2.4%
Private pensions - 3.5%
………………………..20.5% of the total
State and local governments - 3.5%
Japan - 6.4%
US households - 6.6%
China - 8%
Federal Reserve - 11.3%
……………………….. 56%. of the total
Social Security Trust Fund - 19%
……………………….. 75%. of the total
the other 4.6 trillion is made up in intra-governmental debts - largely in various securities and held by the postal service, highway trust fund, unemployment trust and etc
In all, the Treasury owes foreigners and foreign governments $4.514 trillion dollars
But Americans own most of their own country's $14,342,909,569,328.74 of debt.
Can I write you a check?