Before Clicking Here, Guess What The Biggest Holder of US Government Debt Is?

  • metta

    Posts: 39118

    Jun 10, 2012 10:06 PM GMT
    Were you correct?



    The Biggest Holders of US Government Debt

    SS_US_debt_holders_cvr1.jpg



    15. Taiwan
    U.S. debt holdings: $184.4 billion

    14. Caribbean Banking Centers
    U.S. debt holdings: $224.8 billion

    13. Brazil
    U.S. debt holdings: $237.4 billion

    12. Insurance Companies
    U.S. debt holdings: $253.7 billion

    11. Oil Exporters
    U.S. debt holdings: $254.5 billion

    10. Depository Institutions
    U.S. debt holdings: $286.3 billion

    9. Medicare Trust Funds
    U.S. debt holdings: $324.57 billion

    8. State and Local Governments
    U.S. debt holdings: $444.6 billion

    7. Mutual Funds
    U.S. debt holdings: $797.9 billion

    6. Pension Funds
    U.S. debt holdings: $903.4 billion

    5. Japan
    U.S. debt holdings: $1.083 trillion

    4. Savings Bonds & Other Investors
    U.S. debt holdings $1.102 trillion

    3. China
    U.S. debt holdings: $1.169 trillion

    2. U.S. Federal Reserve
    U.S. debt holdings: $1.659 trillion

    1. Social Security Trust Funds
    U.S. debt holdings: $2.67 trillion


    http://www.cnbc.com/id/29880401?slide=1
  • Posted by a hidden member.
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    Jun 10, 2012 10:39 PM GMT
    WHAT??? Is this contrary to what Fox News and the conservaplants here have been telling us for years? Is it possible, could it be... that they have been feeding us deliberate misinformation? GASP!!! icon_eek.gif

    Well, that's OK. I''ll still believe them next time they tell us Obama is a Muslim, and that the Great Recession was entirely Obama's fault, that it didn't happen during Bush's Presidency.
  • Posted by a hidden member.
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    Jun 10, 2012 10:48 PM GMT
    Art_Deco saidWHAT??? Is this contrary to what Fox News and the conservaplants here have been telling us for years? Is it possible, could it be... that they have been feeding us deliberate misinformation? GASP!!! icon_eek.gif

    Well, that's OK. I''ll still believe them next time they tell us Obama is a Muslim, and that the Great Recession was entirely Obama's fault, that it didn't happen during Bush's Presidency.


    Where's the misinformation? The US government owes Social Security the funds - but where do you suppose they have to get the funds when payments come due?

    This is why it is unfunded. The government owes social security but it's not like they took the money from social security and invested it in assets that generated a return - they invested it in deficits, in things like stimulus that had little to no effect.

    Do you do math or is it only the A+ crowd you supposedly hang around with that can figure out that crazy stuff out?

    (And btw metta - yes, I was correct).