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US Debt broken down. Who's owed what?

Who owns America? Hint: It's not China
Editor's Note: The following piece comes from [url=]Global Post, which provides excellent coverage of world news - important, moving and odd.By Tom Mucha, Global PostTruth is elusive. But it's a good thing we have math.Our friends at Business Insider know this, and put those two principles to work today in this excellent and highly informative little slideshow, made even more timely by the ongoing talks in Washington, D.C. aimed at staving off a U.S. debt default.Here's the big idea:Many people — politicians and pundits alike — prattle on that China and, to a lesser extent Japan, own most of America's $14.3 trillion in government debt.But there's one little problem with that conventional wisdom: it's just not true. While the Chinese, Japanese and plenty of other foreigners own substantial amounts, it's really Americans w


Added: Jul-25-2011 Occurred On: Jul-25-2011
By: youtubesux
Regional News
Tags: us, united states, debt, china, gdp, money, obama, bush
Location: Washington D.C., District of Columbia, United States (load item map)
Views: 7594 | Comments: 17 | Votes: 0 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
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