What country does the US owe the most money to in debt?

Question

My husband says China is carrying the most of our debt according to the news last night. Any comments... I'm not looking for an argument but hubby is. What other countries do we owe the most to in order of debt?

Answer 1

What others have said, but we ain't gonna ever pay that s*it. That's why we keep building weapons.

Answer 2

America owes China a lot of money but China does not care if you don't pay them back and neither does the Congress but America does have the moral responsibility to repay European and Arab holders of US treasuries. The consequences would be a devaluation of the $ and a move to precious metals like Gold, Silver and Platinum.

Answer 3

TOP 10 Countries as of 2013 Hong Kong $142.9billion Belgium $143.5 billion Luxembourg $144.7 billion Russia $162.9 billion Switzerland $192.7 billion Taiwan $196.6 billion Brazil$253.4 billion
Japan $1.12 Trillion China $1.26Trillion
American Public and State and Local Governments $4.14Trilion

Answer 4

Actually the biggest holder of US debt is the US.So just who are these lenders? As of last June (the latest complete breakdown available), the biggest holder of Treasury debt was the U.S. government itself, with about 52 percent of the total $8.5 trillion in paper that's out there. Most of the government’s holdings are massive savings accounts for programs like Social Security and Medicare. Just as you may prefer to keep your Individual Retirement Account in the safe Treasury bonds, the folks who manage the Social Security Trust Fund are looking for a secure investment, too. That’s leaves a little over $4 trillion in public hands. The biggest chunk (about 25 percent of the $8.5 trillion total) is held by foreign governments. Japan tops the list (with $644 billion), followed by China ($350 billion), United Kingdom ($239 billion) and oil exporting countries ($100 billion).

Answer 5

The U.S. budget deficit is financed by borrowing. More and more of that money comes from China, now the United States' second-largest lender, after Japan.

1. Japan
2. China

According to this article China is #2.

Answer 6

#1 China
#2 Japan

In 2006 the U.S. had a total merchandise trade deficit of $836 billion, while Japan & Germany produced a cumulative trade surplus of $314 billion ($168+$146). That's a whopping $1.2 trillion worse relative trade performance for the U.S., in JUST ONE YEAR. In 2001, for the first time, China surpassed Japan as the country with the largest trade gap with the United States. America's deficit with China surged 95%, reaching $233 billion and 28% of total US trade deficits in 2006.

Answer 7

China

Answer 8

China owns us.

They understand that it is better to own the orchard than to own an apple. ROFL.

Bush lied and our soldiers died in a war that never needed to be fought in Iraq. He financed this war...and continues to finance it because of tax cuts...with money borrowed from China, Japan and the Saudis.

Answer 9

China is by far #1, over a trillion dollars. Hhttp://www.marktaw.com/culture_and_media/TheUSTradeDeficit.htmlere's a good site (lots of pictures)

Answer 10

as of last year JAPAN is our #1 creditor at $158 billion. China was #2 at $129 billion and we for some reason owe Germany $120 billion.

if you go to the national debt page every citizen in the US owes $30k!!!!!!!!!! DAMN YOU GEORGE BUSH!!!

Answer 11

China just about owns the U.S., and Japan is a close second.