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re: Breakdown of to whom the US owes its $22T debt
Posted on 2/13/19 at 10:55 am to Antonio Moss
Posted on 2/13/19 at 10:55 am to Antonio Moss
Well then I want a better interest rate on the money they owe me.
What is the interest rate on the money owed to the foreign countries?
What is the interest rate on the money owed to the foreign countries?
1
Posted on 2/13/19 at 12:15 pm to RTM4
The same rate they give to you and your employer's pension fund and your mutual fund company. They don't have domestic and foreign rates. People, financial nstitutions and foreign governments buy UST obligations because they'll get paid back.
Foreign ownership doesn't really matter, it's not like China could redeem their obligations to get an extra seat in House of Representatives or some other leverage beyond repayment. There are plenty of other UST buyers that are domestic that buy a lot more than China.
Foreign ownership doesn't really matter, it's not like China could redeem their obligations to get an extra seat in House of Representatives or some other leverage beyond repayment. There are plenty of other UST buyers that are domestic that buy a lot more than China.
This post was edited on 2/13/19 at 12:22 pm
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