Isn’t most of the U.S. national debt in the hands of foreigners?
No. Approximately $750 billion worth of U.S. Treasury bonds are in the hands of foreigners. This figure seems immense, and it is. But it is only 15% of the national debt, which is currently about $5 billion. The largest holders of the national debt are domestic pension funds.
No. Approximately $750 billion worth of U.S. Treasury bonds are in the hands of foreigners. This figure seems immense, and it is. But it is only 15% of the national debt, which is currently about $5 billion. The largest holders of the national debt are domestic pension funds.
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