29.07.2011

Who owns America? Hint: It's not China

[Globalpost] Truth is elusive. But it's a good thing we have math.

Our friends at Business Insider know this, and put those two principles to work today in this excellent and highly informative little slideshow, made even more timely by the ongoing talks in Washington, D.C. aimed at staving off a U.S. debt default.


* Hong Kong: $121.9 billion (0.9 percent)
* Caribbean banking centers: $148.3 (1 percent)
* Taiwan: $153.4 billion (1.1 percent)
* Brazil: $211.4 billion (1.5 percent)
* Oil exporting countries: $229.8 billion (1.6 percent)
* Mutual funds: $300.5 billion (2 percent)
* Commercial banks: $301.8 billion (2.1 percent)
* State, local and federal retirement funds: $320.9 billion (2.2 percent)
* Money market mutual funds: $337.7 billion (2.4 percent)
* United Kingdom: $346.5 billion (2.4 percent)
* Private pension funds: $504.7 billion (3.5 percent)
* State and local governments: $506.1 billion (3.5 percent)
* Japan: $912.4 billion (6.4 percent)
* U.S. households: $959.4 billion (6.6 percent)
* China: $1.16 trillion (8 percent)
* The U.S. Treasury: $1.63 trillion (11.3 percent)
* Social Security trust fund: $2.67 trillion (19 percent)
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