The United States of America is definitely the most powerful country in the world, in terms of military might and influence over the world. However, the US economy has not been at its best for the past few years. And the constant wars have taken its toll on American economy as well. On top of that, president Trump has vowed to rebuild the military of the nation, that means that the already massive defense budget is only likely to increase in the coming years. This means that America has not been making enough money than it spends it each year, that results in debt. You would be surprised to know that there is about a sixty tow thousand dollar debt on each US citizen’s head as of now. Which is a massive amount no doubt. In our today’s article we decided to talk about the countries that hold the most us debts. Despite these massive amount of debt US has, the US treasury bonds are considered one of the safe heaven assets, and many countries buy these. If you are interested in the topic, then I highly recommend that you take a look at our full article.
If you wish to learn more about this interesting topic, then you have come to the right place. At insider monkey’s blog page, we have put together the list of 10 Largest Foreign Holders of US Debt. Just click on the provided link to get instant access to the full article.