US federal deficit: who owns America’s debt?
Mar 9th, 2010 | By | Category: NewsFind out which countries are propping up the US economy China has defended its investment in US Treasury bonds , amid concern that its position as the biggest investor in US debt may become political as well as economic. Treasury bonds are how the US – and all governments for that matter – borrow money: they issue government securities, which other countries and institutions buy. So, the US national debt is owned predominantly by Asian economies
