CHART: Who Owns Our Government Debt?
The U.S. national debt has been constantly discussed and argued over for decades. Recently we have seen this argument reach new heights...
U.S. presidents in the past have fought with the massive debt, while also continuing to add to it. Of the $14 trillion in U.S. debt, many creditors hold serious percentages of that large amount. But now that a global economic recession is looming, it is important to actually see how the rest of the world is handling their unhealthy amounts of debt and who is holding it all.
The six countries listed below have a debt grand total of $381 quadrillion ($381,470,000,000,000,000):
U.S.: $14.825 trillion or external debt (as % of GDP): 101%
U.K.: $8.98 trillion or 413% of GDP
Greece: $579.7 billion or 182% of GDP
Ireland: $2.38 trillion or 1,382% of GDP
Japan: $11 trillion or 225% of GDP
Portugal: $552 billion or 223% of GDP
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