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Japanese left pondering the enduring hostility of some Americans to their nation could be forgiven for wondering why it is they have leant them almost a trillion dollars to help fund their record 14 trillion dollar public debt – and what the even more unpopular Chinese think about their massive loan to the states is anyone’s guess.
Who, aside from Americans themselves (who finance about 40% of their government’s debt), lends the US government the cash (figures in billions):
United Kingdom: $333.0
Oil exporters: $221.5
Caribbean banks: $138.1
Hong Kong: $122.4
Of course, all this also means the likes of China and Japan can hardly afford to be smug about the USA’s economic woes, let alone upset them – not if they ever want to see their trillion dollar loans repaid, at any rate.