[Snardius]

So, 300,000,000 Americans times $40,000 each equals $12 trillion. I don't suppose you or he have a source that shows foreigners own $12 trillion in Treasuries?

You'll have to check with Mr. Lurk about the numbers. I was attempting to explain the concept...poorly.

So, by proxy I own a portion of ANWR and a slice of the Grand Canyon? Sweet?

Well, yes...but claiming your ownership by proxy of those assets would have as much impact as telling the traffic cop who stopped you that you pay his salary.

[Toddsterpatriot]

You'll have to check with Mr. Lurk about the numbers. I was attempting to explain the concept...poorly.

I knew what you (and he) meant. I just knew the numbers were off by at least several hundred %.

[Jack Black]

Here is a chart showing the foreign owned US Debt. This used to be on the Treasury Department Bureau of the Public Debt web page, but they seem to have deleted it. :0 I wonder why?!

http://www.sharelynx.com/chartsfixed/Barrons/MAI.gif

Link to Chart

(for some reason I can't get the chart to post using the IMG SRC= tag. Because it's a .gif? )