suyts space

 

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%.

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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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