2007-10-01 12:07:26 · 6 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
You mean besides China ?
A lot of US citizens via treasury bonds and the like .
Did you mean US corporations ?
Or the US government ?
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2007-10-01 12:14:30 · answer #1 · answered by kate 7 · 0⤊ 0⤋
well when foreign countries or banks buy u.s. treasuries they are owed that money back plus interest which is secured by our government that has the ability if needed to tax us to repay that loan. why does our country keep borrowing? to pay things the govt needs now for military,social,educational,health etc. and the interest on money it already borrowed(i.e. natl. debt) and that is not able to wait for a surplus or postpone the services or benefits it delivers out to its citizens,businesses and allies.
2007-10-01 19:24:42 · answer #2 · answered by myopicmachinist 2 · 0⤊ 0⤋
Everyone who is a debtor.ie: foreign nations due to trade deficite, bond holders domestic & foreign, taxpayers entitled to refunds, etc, etc, etc.
2007-10-01 19:27:16 · answer #3 · answered by john p 3 · 0⤊ 0⤋
China holds about $ 1.5 trillion ($1,500,000,000) in US government debt.
2007-10-01 19:28:19 · answer #4 · answered by Thinker 7 · 0⤊ 0⤋
everybody!
2007-10-01 19:29:54 · answer #5 · answered by Kubaker1 3 · 0⤊ 0⤋
should be ourselves huh?
2007-10-01 19:17:03 · answer #6 · answered by K 3 · 0⤊ 0⤋