by U.S. G.P.O., For sale by the Supt. of Docs., Congressional Sales Office, U.S. G.P.O. in Washington .
Written in English
|Other titles||US foreign debt|
|Series||S. hrg -- 100-994|
|The Physical Object|
|Pagination||iii, 93 p. :|
|Number of Pages||93|
The data on the U.S. Gross External Debt Position are presented in four tables showing the gross level of external debt (Table A), its currency composition (Table B), the repayment schedule of this debt (Table C), and after , the repayments in Table C that are due in one year or less (Table D). Tables A, B, C begin with data as of end-June. As of October , foreigners owned $ trillion of U.S. debt, or approximately 39 percent of the debt held by the public of $ trillion and 28 percent of the total debt of $ trillion. At the close of , the largest foreign holders  were China ($ trillion), . The Foreign Countries Holding the Most U.S. Debt. In the international finance system, U.S. debt can be bought and held by virtually anyone. In fact, if you hold a U.S. Treasury bond or a T-Bill in your portfolio right now, you are already a creditor to the United States government. rows Debt - external compares the total public and private debt owed to nonresidents repayable .
This book, first published in , closely examines the United States government’s policy toward the Latin American debt crisis in the years to The United States under Reagan sought to maintain the problem as strictly a private creditor/debtor issue, and avoided the internationalization of Pages: Understand the debt from a historical perspective in Chapter 1. Historically, the debt has risen because of major wars and financial depressions. But now, over a third of the debt is associated with something called intragovernmental holdings. Learn more in Chapter 2. /5(14). With the United States running a current account deficit at 6 percent of national income, foreign nationals have been accumulating U.S. assets at a spectacular rate. A rise of 1% in interest paid on a $15 trillion foreign debt, however, will raise the current account deficit by $ billion, and a 3% rise, which is plausible over the next several years, means a $ billion increase in the deficit. The U.S. current account deficit is .
Across all three surveys, U.S. government debt has the highest share of foreign holdings relative to market size. Figure 2 plots the percentage of U.S. corporate debt, equities, municipal debt, and Treasury debt held by foreigners in , , and , showing just how important foreign investment is for U.S. government debt in all three years. At the end of , United States -owned assets abroad were valued at $ trillion while foreign assets in the United States were $ trillion for a . The book "Freedom from National Debt" by Frank N. Newman, was published in , and is an introduction to fiscal N. Newman . Foreign debt. At the end of December , the gross, foreign-currency denominated debt of the Turkish state stood at $ bn (about 53% of GDP), while Turkey's net foreign debt was $ bn (about 34% of GDP). Loans guaranteed by the Turkish Treasury stood at $ billion during the same period.