Thursday, September 17, 2009

US International Debt Update

The following financial information was published by the Federal Government today. America's top 10 international creditors are listed along with the increase/decrease in the amount of the debt since June.

Communist China --- $800.5 Billion, up $24 Billion
Japan --- $724.5 Billion, up $13 Billion
UK --- $220 Billion, up $6 Billion
Caribean Banks --- $193.2 Billion, up $4 Billion
OPEC --- $189.2 Billion, down $2 Billion
Brazil --- $138.1 Billion, down $2 Billion
Russia --- $118 Billion, down $2 Billion
Hong Kong --- $115.3 Billion, up $15 Billion
Luxembough --- $92.2 Billion, down $12 Billion
Taiwan --- $77.4 Billion, down $ 0.4 Billion

This information is dated as of the last day of July, 2009 and reflects that the net change with just these creditor nations is that America's debt increased by just over $44 Billion. If only this pattern is followed to the end of Obama's term in office, which I hope will be in January of 2013, the international debt of America will be increase by $1.84 Trillion.

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