Home › Forums › Financial Markets/Economics › The Smartest Man is a Firedancer › Yes China owns about 7% of
Yes China owns about 7% of all U.S.A. Debt, that is a lot.
Ok if we remove what the Fed owns (which is not really real debt since the service cost is zero), is closer to 10%
But it is growing so it is a problem that really needs to be addressed don’t get me wrong, it’s just not the end of the world just yet.