Thursday, April 14, 2011

Who owns the U. S.

April 14, 2011 - "Who owns the U. S?" While most of the country's $14 trillion debt is held by private banks in the U.S., the Treasury Department and the Federal Reserve Board estimate that, as of December, about $4.4 trillion of it was held by foreign governments that purchase our treasury securities much as an investor buys shares in a company and comes to own his or her little chunk of the organization. You would be surprised when you see some of the countries that have large stocks of interest in America. Click here

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