Diamond Enthusiast


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The U.S is a debtor nation, to the tune of $7.9 trillion as of 2005. Your share (for each man, woman, and child is $7,167; or $28,668 for a family of four)owed to foreign interests. Of course, it isn't divided equally, some individuals collect the interest while others pay that interest, as well as the fat cats' share). 33 percent of that debt is owed to the Japanese. Here's the awful truth!
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| Posts: 6886 | Location: Baltimore, MD, U.S.A | Registered: 06-03-02 |    |
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Diamond Enthusiast

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The United States is the largest debtor nation in the world. Its three largest creditors are Japan, Mainland China, and the United Kingdom. Foreign Holders of US Treasury SecuritiesSome interesting international data are available from the CIA World Factbook, including - Rank Order - External DebtThis is the total of public and private debt owed to nonresidents. It is not to be confused with total public debt. United States - $8.837 Trillion United Kingdom - $7.107 Trillion Germany - $3.626 Trillion Public Debt as a % of Gross Domestic Product (GDP): 1. Malawi - 208.6 % 2. Lebanon - 200.7 % 3. Japan - 170.0 % 4. Seychelles - 129.7 % 5. Jamaica - 127.5 % Some of the major economic powers: 3. Japan - 170.0 % 7. Italy - 107.3 % 30. Canada - 68.2 % 31. Germany - 68.1 % 34. France - 66.5 % 36. United States - 64.7% 63. United Kingdom - 42.2 % 86. China - 28.8 % 101. Russia - 15.6 %
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| Posts: 7732 | Location: in the backwoods of North Carolina | Registered: 06-07-02 |    |
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