WTFNOWAY
WTFNOWAY
Out of context: Reply #10
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- dorf0
The US sells IOU's (Treasuries) to other countries. Here's a bit from wikipedia.
Top Foreign holders of U.S. Treasuries (in billions)
1. China 1160.1
2. Japan 882.3
3. United Kingdom 272.1
4. Oil Exporters 211.9
5. Brazil 186.1
6. Carib Bnkng Ctrs 168.6
7. Taiwan 155.1
8. Russia 151.0
9. Hong Kong 134.2
10. Switzerland 107.0
11. Luxembourg 86.4
12. Canada 76.8
13. Singapore 72.9
14. Germany 60.5