Who owns American debt

Not news, but it’s nice to see Yahoo! News try to explain these things to people who watch too much cable news and listen to talk radio too much. No matter how much those pundits moan about how China owns America now or whatever, most US debt is owned by Americans. A good deal of it is owned by the US government.

The comments on Yahoo are usually discouraging, to say the least. But it’s nice to see their usual suspects be forced to look a fact in the face and try to deal with it.


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