Japan is actually the largest US debt holder with over 1.2T. China is 4th iirc with around 750B.
Comment on US debt is now $37trn – should we be worried?
Part4@infosec.pub 2 months ago[deleted]
Pringles@sopuli.xyz 2 months ago
neukenindekeuken@sh.itjust.works 2 months ago
Correct. But they’re still not as much as domestic debt holders.
Olap@lemmy.world 2 months ago
I wouldn’t bet on that. American military might is still untouchable, and America is still a huge oil producer
ryathal@sh.itjust.works 2 months ago
China is the largest foreign holder, but the vast majority of the debt is owed domestically.