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Originally Posted by shiraz9944
And don't give me the we are selling out to the chinese, because they do not own the majority of our debt anymore, the Japanese do now, much better situation there.
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another fake news agent .... so stupid when a 10 seconds search will give you the answer :
as you can see , the PUBLIC owns the majority of the debt , not China or Japan. But of the 2 countries, CHINA still owns more: it is the COUNTRY that owns the more ...
Which fakenick are you ?
Quote:
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On November 7, 2016, debt held by the public was $14.3 trillion or about 76% of the previous 12 months of GDP.[5][6][7][8] Intragovernmental holdings stood at $5.4 trillion, giving a combined total gross national debt of $19.8 trillion or about 106% of the previous 12 months of GDP.[7] $6.2 trillion or approximately 45% of the debt held by the public was owned by foreign investors, the largest of which were China and Japan at about $1.25 trillion for China and $1.15 trillion for Japan as of May 2016.[9]
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