who-owns-the-us: Personal Finance News from Yahoo! Finance

“While most of the country’s $14 trillion debt is held by private banks in the U.S., the Treasury Department and the Federal Reserve Board estimate that, as of December, about $4.4 trillion of it was held by foreign governments that purchase our treasury securities much as an investor buys shares in a company and comes to own his or her little chunk of the organization.”

via who-owns-the-us: Personal Finance News from Yahoo! Finance.

About civilitasnovus

Political junkie
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