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Originally Posted by ScottKuma
Debt breakdown (as of 1998, but still relevant...if not exactly current):
http://www.brillig.com/debt_clock/faq.html
Note that only 22% of the debt is owed to foreign entities. Also, a whopping 44% of the debt is government-internal debt.
Also note that ANY percentage of the debt is a HUGE amount of money. |
And those foreign entities are the ones that have bought US treasuries.