posted on Jul, 30 2008 @ 07:24 PM
I've been looking to see who holds our,USA debt and this is all I've found so far.
"Foreign interests have more control over the US economy than Americans, leaving the country in a state that is financially imprudent. More and more
of our debt is held by foreign countries – some of which are our allies and some are not. The huge holdings of American government debt by countries
such as China and Saudi Arabia could leave a powerful financial weapon in the hands of countries that may be hostile to US corporate and diplomatic
interests.” David Walker, the US comptroller general. 23 July 2007.
Foreign interests now own more and more of America - - According to the above chart, they own nearly 50% of federal government treasury bonds.
Foreigners own about "$9 trillion of U.S. financial assets, including 13% of all stocks, 13% of agencies, and 27% of corporate bonds", according to
Gillespie Research/Federal Reserve. The major provider of money for home mortgages is Fannie Mae - - guess where they get that money > > answer: they
borrow about a third from outside the U.S., according to Bloomberg Sept. 2002. Additionally, foreign interests own real estate and factories.
That's only two paragraphs so I should be OK?