Graphic from Planet Money
Thank you for visiting my blog. I post things I think will be of interest to high school students and teachers of economics/government/civics etc. Please leave a comment if what you find here has been useful to you. THANK YOU!
Thursday, October 10, 2013
Nice graphic showing the various sources the US borrows money from.
Here is a nice and concise graphic showing the who and how much we owe as a country to different entities. A majority of our debt is owed to ourselves through government borrowing from Federal Trust Funds (i.e. Social Security), our own Federal Reserve Bank or from the domestic private sector. We do owe foreign entities about $5 Trillion, however.
Graphic from Planet Money
Graphic from Planet Money
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment