Total foreign ownership of US Federal deficit currently stands at 45% as of end of first half of 2005 COUNTRY OWNERSHIP OF U.S. GOVERNMENT DEBT Japan $687.3Billion China $252.2 Billion United Kingdom $182.4 Billion Caribbean Banking Centers $102.9 Billion Taiwan $71.8 Billion Germany $63.5 Billion Korea $61.7 Billion OPEC $54.6 Billion Hong Kong $48.1 Billion Canada $47.8 Billion Grand Total $2,065.5 Billion Conclusions: * Foreign sources financed 54% of US Federal deficit in 2002, 73% in 2003, and 99% in 2004 * Total foreign ownership of US Federal deficit currently stands at 45% as of end of 1st half of...