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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Who owns US debt?

    Rocky
    Rocky
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    Join date : 2012-12-21
    • Post n°1

    Who owns US debt? Empty Who owns US debt?

    Post by Rocky Sun 26 Aug 2018, 1:48 am

    Who owns US debt?

    Who owns US debt? 9616

    Record levels reached public debt in the United States, but who owns these debts? Official data indicate that the Americans themselves make up the vast majority.
    About 70 percent of the national debt is owned by the government, local institutions and the Federal Reserve, while less than 30 percent goes to foreign entities, according to the latest Treasury Department data released by MarketWatch.
    US public debt rose to a record $ 21.21 trillion at the end of June, up 6.9 percent from the same period last year.
    According to official data, US institutions such as government and private pension funds, as well as individual investors, were the most heavily indebted to the United States with $ 6.89 trillion in debt and about four-fifths of the increase over the past year.
    In contrast, foreign entities led by China and Japan have debts of $ 6.21 trillion, although Beijing and Tokyo have cut their share of US debt by 2015, but each country still has more than $ 1 trillion in treasury bills and bills.
    The Chinese government or investors are likely to have more American debt, which is bought through entities in other countries such as Hong Kong, Luxembourg or the Cayman Islands, all of which are safe havens for tax havens.
    Russia has reduced its holdings of US bonds to about $ 15 billion compared to the peak of $ 153 billion in mid-2013 amid growing tensions in the relationship between Washington and Moscow.
    So far, there is little evidence that other countries will follow Moscow's example to respond to the United States amid ongoing trade disputes.
    Many or want to hold US Treasuries as a safe place to keep their savings.
    The US government, for its part, has $ 5.73 trillion in debt, the majority of which is through federal pension funds and social security.
    The Fed's share of debt was $ 2.38 trillion, but it has reduced its holdings by $ 85 billion since June 2017.
    Last year, the Fed began selling a large part of the US Treasuries after buying them at an accelerated pace in the low interest rates and flooding the economy with funds during and immediately after the Great Depression.

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