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To: Glenn
The actual amount is more like 300 billion. Peanuts.

Wow, less than 4% of our Federal deficit. Sounds series.

129 posted on 01/13/2006 3:55:37 PM PST by Toddsterpatriot (Stop associating with Commies and we'll stop mentioning that you associate with Commies.)
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To: Toddsterpatriot; Glenn
China doesn't own over a trillion in US debt?

:

The actual amount is more like 300 billion. Peanuts.

Wow, less than 4% of our Federal deficit. Sounds series.

I think you mean 4% of our Federal debt, not deficit. Also, I suspect that you mean "serious" not "series". In any case, the following graph shows the major foreign holders of the debt through March of 2005.

The actual numbers and sources can be found at http://home.att.net/~rdavis2/tshldrs.html and updated numbers can be found at http://www.treas.gov/tic/mfh.txt. The top ten foreign holders of Treasury securites as of October 2005 were as follows:

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES
(end of October 2005, in billions of dollars)

Japan                      681.6
Mainland China             247.6
United Kingdom             187.1
Caribbean Banking Center   113.5
Taiwan                      71.6
Germany                     64.4
OPEC                        63.8
Korea                       61.4
Canada                      51.7
Hong Kong                   47.5
------------------------  ------
All Foreign Nations       2102.0

131 posted on 01/15/2006 10:23:39 PM PST by remember
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