China is the biggest creditor to the US national debt
Uh, no it ain't. Not even close. Domestic funds are the lions share, with Social Security Trust holding 2.5x what China does (2.8t vs 1.1t). China is the biggest creditor to the US national debt
Uh, no it ain't. Not even close. Domestic funds are the lions share, with Social Security Trust holding 2.5x what China does (2.8t vs 1.1t).http://money.cnn.com/2017/08/16/investing/china-us-debt-trea...
Do you want me to be more precise? Foreign creditor?
"The Treasury Department has ranked China as the biggest foreign creditor to the U.S. for the overwhelming majority of the past nine years. "
That's not being more precise. That's something entirely different.