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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Dunno if it's a bad thing, but it certainly is not a good thing.
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