Foreign Lending to the United States
June 16, 2009 · Filed Under Government · Comments Off
Have you ever wondered which countries have loaned money to the U.S.? We hear a lot about China loaning us money, and before that it was Japan. But, that is not where the foreign lending ends—take a look:
- China – $767.9 Billion.
- Japan – $686.7 Billion.
- Caribbean banking centers – $213.6 Billion. (Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Netherlands Antilles, Panama.)
- France, India, Korea, Turkey – $204 Billion.
- Oil exporters – $192 Billion. (Algeria, Bahrain, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Oman, Qatar, Saudi Arabia, U.A.E., Venuzuala.)
- Russia – $138.4 Billion.
- Channel Islands, Isle of Man (U.K.) – $128.2 Billion.
- Brazil – $126.6 Billion.
- Egypt, Israel, Italy, Netherlands, Norway, Thailand – $124.3 Billion.
- Luxembourg – $106.1 Billion.
- Belgium, Canada, Chile, Colombia, Malaysia, Philippines, Sweden – $89.5 Billion.
- Hong Kong – $78.9 Billion.
- Taiwan – $74.8 Billion.
- Switzerland – $67.7 Billion.
- Germany – $55 Billion.
- Ireland – $54.7 Billion.
- All other countries combined – $156.7 Billion.
This adds up to almost $3.3 Trillion, or almost a third of the U.S. debt. With the U.S. economy on the rocks, and more money needed to pay for Congressional spending, about the only place the U.S. can get that money is from foreign investors—thus raising the stakes in foreign ownership of America.
Just one more thing for business owners and individuals alike to think about.
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