There’s often a misconception that China owns most of the U.S. debt. They aren’t anywhere close to holding the majority of our debt. Don’t get me wrong, I don’t think any foreign entity or person should hold U.S. debt. But, they do, and we hold some of other nations’ debt as well.
Towards the US debt, we have about $16 trillion in debt. But, about 1/3 of that is held by foreign entities. Sorry about the clarity of this graph, but notice the total number. Now, this was 2010, so the total U.S. debt was 2-3 $trillion less then. So we can say about 1/3 of US debt is held by foreign entities. Of that, China holds about 25%.
Now, that should be the end of the post. This dispels the notion that China owns most of the U.S. debt. But, that’s not the end of the…
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