Untied States Economic Crisis

Nation Flags
Nation Flags

United States is the world’s giant nation. Does anyone believe that the giant nation’s financial system will be submerged? Who owns United States?

Regardless of much expertise of President Obama’s budget measure to bring into balance our economy, still, our economy continues running out of our financial resources. Until the next decade the national debt continues growing every year.

The Department of Treasury and the Federal Reserve Board estimated as of December 2010, about $4.4-Trillion was held by foreign governments that purchase Treasury Securities.

Below, we break down the Top-10 foreign holders of United States debt.

1.      China is the largest holder of United State foreign debt accounting for 20.4% of the total $891.6 billion in United State Treasury Securities.

2.      Japan is the second runner up on the lists most significant International Creditors which accounting for 20.2% holding with $883.6-Billion in United States Treasury Securities.

Barack Obama
US President Barack Obama

3.      United Kingdom is the number three on the lists. U.K. holds $541.2-Billion in United State foreign debt, 12.4% of total external debt.

4.      Oil Exporter. Another grouped entry of 15 countries includes: Venezuela, Ecuador, Bahrain, Indonesia, Iraq, Iran, Oman, Kuwait, Qatar, the United Arab Emirates, Saudi Arabia, Gabon, Algeria, Libya, and Nigeria. The group holds 5% of all foreign debt of America with a total of $218-Billion of United States Treasury Securities.

5.      Brazil the top five made big investment in the United States buying $180.8-Billion in American debt with the total foreign share of 4.1%.

6.      Caribbean Banking Centers holding the share of total foreign debt of 3.6% amounting to $156.6-Billion in United States Treasury.

7.      Hong Kong is the number seven on the lists of foreign creditor with 3.2% share of total foreign debt amounting to $138.2-Billion in United States Treasury.

8.       Canada a friend and generous creditor in time of financial need. Canada is holding 3.1% share of foreign debt amounting to $134.6-Billion in United States Treasury.

9.      Taiwan is the ninth on the lists of creditors. An island nearly 100-miles off the coast of China holding 3.0% share of total foreign debt amounting to $131.9-Billion in United States Treasury.

10.  Russia the last of the Top Ten lists of foreign creditors holding 2.4% amounting to 106.2-Billion in United States Treasury.

Below is the official link of the Table of Major Foreign Holders of Treasury Securities. Copy and paste the URL below.

http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

United States Flag
US Flag

Leave a Comment