Who owns the US debt?

Ever wondered who really owns the US debt?

Well here is the list of major players.

http://www.businessinsider.com/who-owns-us-debt-2011-7#hong-kong-1

Hong Kong $121.9 Billion .9%

Carribean Banking Systems $148.3 Billion 1%


Taiwan $153,8 Billion 1.1%


Brazil $211.6 Billion 1.5%


Oil Exporting Countries $229.3 Billion 1.6%


Mutual Funds $300.5 Billion 2%


US commercial banks $301 Billion 2.1%



State, Local, and Federal Retirement Funds $320.5 Billion 2.3%



Money Market Funds $337.4 Billion 2.4%



United Kingdom
Total Holdings of Treasuries: $346.5 billion

Percent of US Debt that they own: 2.4%


Private Pension Funds
Total Holdings of US Treasuries: $504.7 billion

Percent of US Debt that they own: 3.5%



State and Local Governments

Total Holdings of US Treasuries: $506.1 billion

Percent of US Debt that they own: 3.5%



Japan

Total Holdings of Treasuries: $912.4 billion

Percent of US Debt that they own: 6.4%



US Households

Total Holdings of US Treasuries: $959.4 billion

Percent of US Debt that they own: 6.6%




China





Image: AP

Total Holdings of Treasuries: $1.16 trillion

Percent of US Debt that they own: 8%



The Federal Reserve

The Treasury owes the Fed $1.63 trillion in Treasuries, much of which were bought for the Quantitative Easing programs.

That's 11.3% of US debt


But the Big One is ...........................






Social Security Trust Fund





Total Holdings of US Treasuries: $2.67 trillion

Percent of US Debt that they own: 19%

The Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds invest exclusively in special issue bonds that are only available to the Social Security trust fund. These are not publicly traded securities, but they still constitute a huge amount of debt.


Read more: http://www.businessinsider.com/who-owns-us-debt-2011-7#social-security-trust-fund-17#ixzz1h0Ef0kbS

It no longer matters who owns it in my eyes and soon to be the eyes of many there will be no debt . Some can see the train coming others ignore the whistles the train is making . World leaders and financial kingpins are saying the right things to down play it but deep down inside they know the show is almost over . Go read this and you get a better idea of what is coming

http://theeconomiccollapseblog.com/archives/a-very-scary-christmas-and-an-incredibly-frightening-new-year