[Toddsterpatriot]

but foreign held US debt is “almost” close to it with 47%.

Where did you see 47%?

No matter who is holding our debt, we’re already going belly up.

No argument here, we need massive spending cuts.

[buzzer]

53 vs 47 percent was a number i googled a few days ago. Can’t locate it at the moment. But i did some research and found out that it’s worse. 86% of our dept are owned outside the US.

Total dept is 14 trillions [1].
External dept is 12 trillions [2].

[1] http://www.wolframalpha.com/input/?i=federal+debt+USA
[2] http://www.wolframalpha.com/input/?i=External+debt+USA