Japanese left pondering the enduring hostility of some Americans to their nation could be forgiven for wondering why it is they have leant them almost a trillion dollars to help fund their record 14 trillion dollar public debt – and what the even more unpopular Chinese think about their massive loan to the states is anyone’s guess.
Who, aside from Americans themselves (who finance about 40% of their government’s debt), lends the US government the cash (figures in billions):
United Kingdom: $333.0
Oil exporters: $221.5
Caribbean banks: $138.1
Hong Kong: $122.4
More details for those interested.
Of course, all this also means the likes of China and Japan can hardly afford to be smug about the USA’s economic woes, let alone upset them – not if they ever want to see their trillion dollar loans repaid, at any rate…