Tuesday, March 20, 2012

Nice graphic showing the Growth of Foreign Ownership of US National Debt...Is this a bad thing?

I lost track of the source for this graphic....It shows the size of the "Public" portion of our national debt in the past 40 years.  The other portion is "Private" debt---money borrowed from other US government trust funds (i.e. Social Security, Medicare, etc) and the Federal Reserve. 

 Public debt is money owed to US citizens, corporations, state/local govts, foreigners, foreign Central banks, and foreign governments. 

Foreign holdings of the debt is approaching 50% and roughly half  of that is owed to one country, China.  Problem?
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