Quote:
Originally Posted by Balalsubturfyooj
It's not Japan nor china who are the American's (US) bankers. xmas13 I have heard some really stupid comments
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: America is not the world's largest debtor?
Who holds the debt is the creditor (a.ka. financier, banker...).
Quote:
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According to US Treasury Department statistics, Japan is the biggest foreign holder of US Treasury bonds, with almost $623 billion (£310 billion) of US government debt as of December last year. Mainland China is the second biggest investor, with about $397 billion, and oil exporters, which include Iran and Saudi Arabia, had $110 billion.
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