Quote:
Originally Posted by theking
Approximately 25% of the national debt is held by foreign countries. Of that amount China holds a little over 1 trillion dollars...so no they do not hold "trillions" of dollars of U.S. debt.
BTW the other...approximately 75%...is held by Americans.
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You are correct, they hold over a trillion in debt, but not "trillions." My point is that China is the largest foreign holder of U.S. debt at over 1 trillion dollars.