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Old 12-17-2004, 09:31 AM   #104 (permalink)
stevo
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Quote:
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.
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