Quote:
Originally posted by Fake Nick
US govt has that much debt mostly in CHINA !!
yeah thats right , China is funding the USA these days
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Nope your wrong, Japan is the largest Bond holder and China is second.... They have been reinvesting the surplus into US bonds for many years. Just a matter of time before China will be the #1 bond holder.
China just recently surpass Japan in oil consumption. Now China is number 2 and Japan in number 3.