[WilliamIII]

We borrowed $2 trillion from China so we could invade Iraq. Think that was smart?

[Gunslingr3]

We borrowed $2 trillion from China so we could invade Iraq. Think that was smart?

Most current holdings that the Treasury posts online has China at 1.24 and Japan at 1.19 trillion.

Third are the hedge fund holdings (in the Caymans, etc.) listed at 324 billion.

In all ~6 trillion dollars in U.S. debt is held by 'foreigners'.

IOUs to Social Security, etc. amount to another 5.1 trillion.

That leaves about 7 trillion held by the U.S. (grandma, insurance companies, etc.)

[varyouga]

“We borrowed $2 trillion from China so we could invade Iraq. Think that was smart?”

Hell yes. If you were a contractor that pocketed a good chunk of it...

[Pelham]

It seemed like the height of genius to Dubya and the liberal internationalist crowd he chose as advisors. Just knock off Saddam, give Iraqis the vote, and they’ll be indistinguishable from, oh, New Yorkers.