Wednesday, June 9, 2010

America in the Red?

Estimates indicate that by September 30, 2010, the total national debt of the US is set to reach $13.79 trillion (94.3% of GDP), with $9.3 trillion (63.6% of GDP) held by the public and $4.49 trillion (30.7% of GDP) held by federal government accounts.

(Click on the graphic to enlarge)

At the end of 2009, $ 7 trillion worth US Treasury securities were outstanding, of which $3.6 trillion was owned by foreign investors ($877.5 bn by China, $768.5 bn by Japan). The interest burden on this was $383.1 bn at the end of 2009.

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