I came across the clip below on Facebook last Tuesday. Published by China Xinhua News, this AI animation shows Uncle Sam saying "Keep going" while US debt exponentially climbs.
It perfectly captures how the US government just keep kicking the fiscal can down the road.
You should already know by now that the US national debt has surpassed $40 trillion – I covered this issue in my post "The $40 Trillion Suicide Note" published August 20 – with foreign investors holding trillions of dollars in Treasury securities.
The visualization below ranks the 20 largest foreign holders of US debt based on June 2026 data from the US Treasury Department. The figures include short-term Treasury bills as well as longer-term Treasury notes and bonds.
Key takeaways:
- Japan is the largest foreign holder of US Treasuries, with $1.1 trillion, having overtaken China since 2019 and has remained in the top spot since.
- China now ranks third with $633 billion, roughly half its holdings at their 2013-2014 peak.
- Financial hubs like Belgium and the Cayman Islands rank highly because Treasury data reflects where securities are held in custody, not necessarily their ultimate owners.
No comments:
Post a Comment