Ever wondered who really owns the US debt?
Well here is the list of major players.
http://www.businessinsider.com/who-owns-us-debt-2011-7#hong-kong-1
Hong Kong $121.9 Billion .9%
Carribean Banking Systems $148.3 Billion 1%
Taiwan $153,8 Billion 1.1%
Brazil $211.6 Billion 1.5%
Oil Exporting Countries $229.3 Billion 1.6%
Mutual Funds $300.5 Billion 2%
US commercial banks $301 Billion 2.1%
State, Local, and Federal Retirement Funds $320.5 Billion 2.3%
Money Market Funds $337.4 Billion 2.4%
United Kingdom
Total Holdings of Treasuries: $346.5 billion
Percent of US Debt that they own: 2.4%
Private Pension Funds
Total Holdings of US Treasuries: $504.7 billion
Percent of US Debt that they own: 3.5%
State and Local Governments
Total Holdings of US Treasuries: $506.1 billion
Percent of US Debt that they own: 3.5%
Japan
Total Holdings of Treasuries: $912.4 billion
Percent of US Debt that they own: 6.4%
US Households
Total Holdings of US Treasuries: $959.4 billion
Percent of US Debt that they own: 6.6%
China
Image: AP
Total Holdings of Treasuries: $1.16 trillion
Percent of US Debt that they own: 8%
The Federal Reserve
The Treasury owes the Fed $1.63 trillion in Treasuries, much of which were bought for the Quantitative Easing programs.
That's 11.3% of US debt
But the Big One is ...........................
Social Security Trust Fund
Total Holdings of US Treasuries: $2.67 trillion
Percent of US Debt that they own: 19%
The Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds invest exclusively in special issue bonds that are only available to the Social Security trust fund. These are not publicly traded securities, but they still constitute a huge amount of debt.
Read more: http://www.businessinsider.com/who-owns-us-debt-2011-7#social-security-trust-fund-17#ixzz1h0Ef0kbS
Well here is the list of major players.
http://www.businessinsider.com/who-owns-us-debt-2011-7#hong-kong-1
Hong Kong $121.9 Billion .9%
Carribean Banking Systems $148.3 Billion 1%
Taiwan $153,8 Billion 1.1%
Brazil $211.6 Billion 1.5%
Oil Exporting Countries $229.3 Billion 1.6%
Mutual Funds $300.5 Billion 2%
US commercial banks $301 Billion 2.1%
State, Local, and Federal Retirement Funds $320.5 Billion 2.3%
Money Market Funds $337.4 Billion 2.4%
United Kingdom
Total Holdings of Treasuries: $346.5 billion
Percent of US Debt that they own: 2.4%
Private Pension Funds
Total Holdings of US Treasuries: $504.7 billion
Percent of US Debt that they own: 3.5%
State and Local Governments
Total Holdings of US Treasuries: $506.1 billion
Percent of US Debt that they own: 3.5%
Japan
Total Holdings of Treasuries: $912.4 billion
Percent of US Debt that they own: 6.4%
US Households
Total Holdings of US Treasuries: $959.4 billion
Percent of US Debt that they own: 6.6%
China
Image: AP
Total Holdings of Treasuries: $1.16 trillion
Percent of US Debt that they own: 8%
The Federal Reserve
The Treasury owes the Fed $1.63 trillion in Treasuries, much of which were bought for the Quantitative Easing programs.
That's 11.3% of US debt
But the Big One is ...........................
Social Security Trust Fund
Total Holdings of US Treasuries: $2.67 trillion
Percent of US Debt that they own: 19%
The Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds invest exclusively in special issue bonds that are only available to the Social Security trust fund. These are not publicly traded securities, but they still constitute a huge amount of debt.
Read more: http://www.businessinsider.com/who-owns-us-debt-2011-7#social-security-trust-fund-17#ixzz1h0Ef0kbS
