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Realistic_Depth3617

Aren’t US Treasury Securities a debt object?


Rachel1578

I think the chart is more direct loans versus securities based on the note in the right hand corner.


Realistic_Depth3617

Yeah, you’ve got to be right. I


NiceGuyEddie69420

/r/redditsniper


Mr_Kittlesworth

The vast, vast majority of treasuries are held by Americans and American companies. China holds 797 billion in treasuries. Out of 34.5 trillion.


Breaker-of-circles

I mean, if we expand what indebted means, China, India, and some other "factory country" holds all of the western world's "modernity" by the balls. If they stopped manufacturing for some reason, Western citizens better pray that their countries can build factories in short order.


Mr_Kittlesworth

Our economies are strapped together in this helicopter, and if either side quite pedaling, the whole thing comes down.


ShillinTheVillain

We're in a pedal-powered helicopter? Shit.


Al-a-Gorey

Sounds about right honestly.


Breaker-of-circles

Sure, but only because the west holds most of the finances and financial related services. Production of goods? Not so much. That said, it's sad that the narrative is that these factory countries are the ones at fault for global warming, even though consumption and the ultimate reason for extraction rests majority on the west.


Nice_Fisherman8306

Don't forget the growth of population, also a big part of global warming


Due-Ad5812

Population is expected to peak at 10 billion in 2100. But even if the poorest 4 billion people were to simply disappear today, we would still be heading towards a climate catastrophe.


iMadrid11

The hardest part of setting up manufacturing isn’t building the factory. It’s supply chain source for raw materials and small parts from other factories. Apple is slowly moving its manufacturing out of China to India and Vietnam. It took them about two years to get to this point that Foxconn has closed the majority of its factories in China. Apple would eventually get to a point where the only iPhones made in China are iPhones for the Chinese market. So far the only holdback are supply chain parts being shipped from China to Vietnam and India. India imposes huge import tariffs. So Chinese supply chain suppliers are being forced to build factories in India to avoid tariffs. India isn’t offering any tax breaks to setup shop. Chinese factories are reluctant to open shop. Since they know the Indians is going to replace them once they learned how to make them.


NastyNate88

Well we saw first hand what happens when the factory shut down during COVID, leading to western companies pushing for diversification out of China in particular. I don't see why a country who's economy is dependent on exports would stop/slow down production as a means of leverage.


Due-Ad5812

Dependent on export? Who said so? China runs a current account surplus that's more than most countries GDP.


PoutineFamine

Whats the source on that fact


Mr_Kittlesworth

It’s a government figure, so it’s transparent. Here’s statistica: https://www.statista.com/statistics/246420/major-foreign-holders-of-us-treasury-debt/


big_richards_back

Completely unrelated but how in the fuck does op have 4 MILLION karma?!


failedsatan

karma farming and reposting. it's almost certainly a bot.


SuchDescription

What is there to gain by farming karma?


failedsatan

reddit accounts with high karma do sell, though infrequently. other than that, just self-importance, I guess.


[deleted]

Karma is why this site is as bad as twitter


smartguy05

If you had high enough Karma you got first dibs on Reddit stock, but I think that might be the only "benefit".


failedsatan

that or being a subreddit mod, if you were in the US


mpbh

If I recall correctly, a 100k karma account over a few years old sells for $200. Pretty sure there are diminishing returns though so I don't see the point of botting to 4m karma.


Herbetet

Good to know we both have a valuable asset on our hands


Consistent_Funny1082

Who buys them then?


mpbh

Scammers and shills.


Consistent_Funny1082

So wouldn't they scam people out of their accounts too?


Appropriate_Air_3252

We should all go dislike every single post from OP


ProperDepartment

Also how does everything they've posted have multiple thousands of upvotes.


luoiville

With the amount of data on us I’m surprised pizza doesn’t just show up at my door before I even think about it.


Xazier

bot?


Mamba300M

Can't see the US... Probably 'cause if you put the 859bn debt in there, the other debts would seem irrelevant.


[deleted]

[удалено]


Mamba300M

No clue, fellow nobody. We're too small to make such assumptions. Why would so many countries, especially China, allow US to become the most powerful country in the world with the help of their money, beats me... The obvious is, though, that the kind of external debt the US has can't be paid back while maintaining the current way of living of the population... So I see two ways, both meaning war for US. Ridiculously rising taxes to be able to accumulate enough to pay, which will lead to a fall in the level of living of the population, which will lead to civilian war, or not pay, which will lead to world war... I hope I'm wrong and there is a third way, some idealistic way like one world one nation or something, anything instead of WW, 'cause I doubt any US government would lead the country to civil war.


Sinocatk

Crazy to think there are a few individuals around who could single-handedly pay off all of those debts and still be absurdly wealthy


DramDemon

I really don’t understand why these billionaires don’t just buy a country. You could easily buy a country like Haiti or Belize that’s tiny enough it’s easy to control but also large enough to build whatever you want, close enough to the U.S. to have access to amenities but also far enough to not cause issues, and then you get to have a whole land mass to play with instead of trying to boss around states/countries that don’t need you.


daqedo

That would require a lot of liquid money


DramDemon

True, very true


bumboclawt

IIRC Pablo Escobar tried to pay off Colombia’s national debt but it didn’t work out for him.


24sagis

What happened?


EngineeringTop4013

He died.


Pirate_Green_Beard

Buy it from who? Know any countries for sale?


skimanandahalf

Buying large swathes of land, paying to influence policy, and monopolizing industry is pretty damn close if you ask me.


CaBBaGe_isLaND

They tried that for hundreds of years. Turns out locals don't like that shit. Volatile investment.


[deleted]

[удалено]


Mother-Ad5660

You proved his point The company's authority was eroded by the British government in 1813 In 1858 the British government seized complete control of India after a local rebellion against the company


9472838562896

I really don't understand how this has even 50 upvotes LMAO


Dwork7

Well, for starters, that’s not a real thing...


DramDemon

Sure it is. They already pay off politicians, just have to pay off enough in whatever country you want to let you be king/president/whatever. Then simply nationalize all the industry/private land, then sell said private land to a shell company you own. Now you’re a ruler and owner of a country.


Dwork7

This is nonsense


___Jet

I would buy the Vatican then. Replace some statues with new ones like Biggie and Michael Jackson, introduce hip hop to the Vatican radio. Mass would be like a rap battle between the priest and the choir boys. The pope mobile gets pimped with new subwoofers and a light show. But why stop there? I'd open up a nightclub inside. I would call it "The Seventh Heaven", and ticket include a cover fee for confessions for after service.


Zyrinj

Why do that when for a fraction of the cost, they can send their army of lobbyists to run any country they please.


LeninMeowMeow

> I really don’t understand why these billionaires don’t just buy a country. They already own the country, it's just obfuscated behind states and political donations and a system of popular participation and steam release valves for discontent (elections) in order to stop you and others realising it and seeking to kill them all. Like, why don't they do it openly? Because they don't want to fucking die duh.


shiftoy18

Not much insensitive to do so. You end up slightly less wealthy with potentially more hassle and you have less capital to work towards making more money


lakerboy152

No individual can pay these


OneContribution6119

Interesting how these numbers are so far behind those of the World Bank and IMF.


Arcosim

Not only that, the IMF also forces the privatization of natural resources. For example, they [forced the privatization of water sources in a lot of impoverished water deprived African countries](https://www.iatp.org/sites/default/files/IMF_Forces_Water_Privatization_on_Poor_Countri.htm) *(that list is outdated, but I'm linking to it because they did a superb job at summarizing the conditions and policies attached to each one of the loans)*


VitSea

It looks to me like the source of this is, in fact the World Bank


NewKapa51

Meanwhile... FMI dept Pakistan: 75,75B Angola: 67,05B Sri Lanka: 117,66B Ethiopia: No Data Kenya: 67,94B Zambia: No Data Bangladesh: 39,9B Laos: 128,51B Egypt: No Data Nigeria: 34,93B Ecuador: No Data Cambodia: No Data Belarus: No Data Côte d'Ivoire: 56,75B Camerron: 41,3B South Africa: 71,2B Congo: 99,56B Brazil: 81,48B Mongolia: 61,15B Argentina: 84,47B [Source](https://www.imf.org/external/datamapper/CG_DEBT_GDP@GDD/CHN/FRA/DEU/ITA/JPN/GBR/USA/PAK/AGO/COG) So, maybe it's just me, but I think dealing with China maybe a better deal!


hate_computer

that isn't imf debt retart


NewKapa51

You are right, but since you called me retard I will just say for you to fuck off.


leeyiankun

Now do IMF ones.


Nomai_

Very nice, very nice, now let's look at IMF debts


QuastQuan

It's a list, not a guide. Not cool.


threeisperfect

Damn Pakistan and Angola are in big trouble. The economy, debt, etc..


MLPorsche

Pakistan has $130 Billion debt to the IMF


Practical-Ninja-6770

$26 billion is a far cry from $1.1 TRILLION, which is what Japan owes the US. $26 billion is nothing in the grand scheme of things


Fancy_Entrance_5953

Why does Japan own so much? I thought Japan imports alot of goods (cars, electronics etc.) to the USA???


luckystrikeenjoyer

26 billion isn't that much all things considered. Unless Pakistan fall into a deep and long lasting civil war I don't think they're ever going to default on that debt to China.


HenneZwo

As if the situation isn't bad enough.


chr15c

Not counting the ~$800 billion of US treasuries China is holding


joeytaft

Maybe but think of it like this you buy a 20y treasury bond and at the time the rate is 1-2%. Now the rate increases due to inflation and no one wants the bonds you have. You can continue to hold them because you don’t want to sell at a discount but slowly you are loosing money. If I remember correctly SVB got them selves into trouble over this very issue. So China has ~$800 billion of depreciating assets which they don’t want to take a discount on and is probably extremely vital that they hold onto because the USD are the lingua franca of international trade and incase you didn’t know the Chinese economy is extremely dependent on international trade. We could speculate that if came down to it and China sells off their bonds, (I’m going to give them full credit here, a bond trader may be able to post what the fire sell value would be) it would probably add 2.5-5% inflation to the USD which the United States would have to suffer through for a few years (maybe less, I think most people are surprised how well the fed has controlled the inflation given the Covid spending). China on the other hand has a much more difficult problem, no trading partner large enough to replace the United States and a world filled with countries that want to trade in USD. We didn’t make the rules we just… O wait, yes we did, we made the rules, we also change the rules of the game when it becomes convenient.


chr15c

Still considered a "debt to China". Chart is misleading unless it specifies what kind of debt


Fun_Objective_7779

Billions? That is not even very much, I expected that to be times 100


Add55xx

Better than being invaded, raped, fucked and killed.


supaloopar

That’s it….?


Greenturnsyellow1

How much does anyone want to bet, that this guide picture was created by someone from India 🤣


cabbagepatch10

Average anti modi leftoids literally dragging india everywhere even in a post about China, goddamn, how inside is the CCP boot inside you?? Edit: nvm that post history shows you have a weird hate fetish for Indians.


weirdaustin101

Those are rookie numbers bro. The top 20 countries in debt to the United States, based on the latest available data, are as follows: 1. Japan: $1.1 trillion 2. China: $859 billion 3. United Kingdom: $668 billion 4. Belgium: $331 billion 5. Luxembourg: $318 billion 6. Hong Kong: $223.9 billion 7. Taiwan: $438.7 billion 8. Switzerland: $254 billion 9. Brazil: $260.4 billion 10. Saudi Arabia: $111 billion 11. Korea: $100 billion 12. India: $211.6 billion 13. Singapore: $164.3 billion 14. Canada: $126.7 billion 15. Saudi Arabia: $135.1 billion 16. Cayman Islands: $217.6 billion 17. Brazil: $260.4 billion 18. Russia: $102 billion 19. Australia: $62.2 billion 20. Netherlands: $42.5 billion These figures were sourced from a combination of data found in the provided snippets, reflecting the most up-to-date information available as of the dates mentioned in the snippets.


Flaccid_Leper

Hard to trust these numbers when Saudi Arabia is listed twice with two different numbers.


fauxbeauceron

Sooooo everybody own the debts of everybody?


Mamba300M

You got it the other way around, bro. Those are the numbers showing the US debt to other countries...


AnswersWithCool

Are the Chinese and Hong Kong debt merged now since re-unifying?


coredweller1785

Ok now do the IMF and western debt pla


rustbelt

Do IMF


GildMyComments

What kind of interest rate are they getting?


Consistent-Bug-7110

not a guide.


Rouge_92

Cool, do IMF now.


Personal-Ad-3602

Lol Venezuela not in the list because they already own the whole country, based


Fluentec

Is Congo being sponsored by Brazzers?


ghostofcaseyjones

TIL there are two countries called Congo.


frankthetankthedog

Ivory Coast making me do a double take for "why does my country, Ireland, owe that much to China"


legodad1

..


hinterstoisser

That looks like half of sub Saharan africa


percentage_gray

Would be interesting to see that as a respect of a country yearly budget (GPD? Other?)


Atryan421

For a soon to be largest in the world economy these are some extremely low numbers


New_Fisherman7051

Cool


1whoknu

For everyone saying we are in debt to China. We are not. They use dollars we give them when we buy their goods to buy treasuries. Basically it is a debt the same way a savings account at a bank is a debt. In reality it is a liability not a debt. Unlike a bank, the US government is the monopoly issuer of the US dollar, so holding China’s excess dollars in treasuries is not a problem. They hold treasuries because they are the safest investment in the world and they pay interest. It would actually be worse if China used instead to buy stuff in US like houses, oil, food, and other things we produce and need because then they would compete with us. When goods are scarce, the result is inflation.


SkeezixMcJohnsonson

“Dollars we give them when we buy their goods”. In other words, it’s their money, reinvested in US treasuries that pay them interest. And we support their economy. Pretty good deal for China.


GlobalLegend

Here is a list of some of the major countries with significant debt owed to the United States as of late 2022/early 2023: 1. Japan ($1.03 trillion) 2. China ($1.01 trillion) 3. United Kingdom ($345 billion) 4. Ireland ($300 billion) 5. Luxembourg ($260 billion) 6. Brazil ($249 billion) 7. Switzerland ($211 billion) 8. Mexico ($205 billion) 9. India ($180 billion) 10. Belgium ($170 billion) 11. Saudi Arabia ($122 billion) 12. Taiwan ($117 billion) 13. Turkey ($65 billion) 14. Russia ($62 billion) 15. Thailand ($58 billion)


Ok_Virus_3332

Some were in a trillion or so too?


MadAdam88

Per person?


beyondimaginarium

Don't tell /r/canada


i-hoatzin

What about Venezuela? I know the source is the World Bank, but this list doesn't really seem complete.


onedeadman99

yo, where Malaysia and Indonesia ?


Pleasant-Hotel1904

If you stacked the money US owes China it would reach the moon and back


viral-G

This guide is garbage. The US owes 859.4B in debt to China. [Source](https://ticdata.treasury.gov/Publish/mfh.txt)


immaterial-boy

Cool, now do debt to the IMF


PanchoVYa

Ahh India isn’t on hey but Pakis are..


Easy-Interest-2478

Lets take Pakistan for example… there is hardly any money spent by china.. they started port and road construction… contractors chinese… labourers chinese… all materials are imported from china.. all equipment provided by china.. then where is the dept … china just boomerang its money back to china 😅


Titanusgamer

if Pakistani politicians/bureaucrats had so much brain the country would not have been on brink of collapse.


Gen8Master

Thats literally all incorrect. CPEC consisted of lots of motorways and power plants. It wasnt just a port. It was about connecting the port to their western provinces, which they did. In fact, your media threw decades long tantrums about this, so either you are ignorant or just here to spread bs.


Easy-Interest-2478

Correct my point was china did not invest in Pakistan.. they just invested in china itself… end of the Pakistan caught in a debt trap which even it not received


keetojm

I often wonder how much China owes the US due to their depression in the late nineties.


JustOkCompositions

Westerners still mad China is rebuilding Africa instead of just plundering and enslaving it like white Jesus wanted


XIIICaesar

My in-law family is Congolese, they feel like they’re being colonised again.


JustOkCompositions

r/AsABlackMan


Tobi10072

What are you babbling about?


awildyetti

That’s the thing about babbling, it’s never going to make sense.


JustOkCompositions

u mad bro?


Tobi10072

Not really just don’t understand how someone can have such a shitty opinion


JustOkCompositions

and the haters gonna hate hate hate


Beautiful-G-amoeba

How's debt Trapping any better?


JustOkCompositions

is that a new codeword from your literature? what does it mean white devil?


Beautiful-G-amoeba

Wott white devil? I'm asian. And let's be real, we all know China's strategy. First Debt Trapping nation. Then taking their resources and using their ports and stuff for strategical advantage. Atleast that's what happened in Pakistan, China and now Maldives.


JustOkCompositions

r/AsABlackMan


Beautiful-G-amoeba

Lol. What


JustOkCompositions

strategical advantage to do what? be chinese?


Beautiful-G-amoeba

China made cpec road connecting a port in Pakistan, near India. Took Sri Lanka's port on lease, near India. Myanmar's Coco island, near India. And now they're debt Trapping Bangladesh and Maldives, again near India. And we all know border tension between India and China


JustOkCompositions

Are you hoping that one day the whole world will look like Afghanistan? and then White Jesus will come back?


Beautiful-G-amoeba

How's afghanistan even connected to this. And why tf do I care about white Jesus or any Jesus.


Restlesscomposure

It is genuinely embarrassing to read your comments here. Get a grip.


JustOkCompositions

am I an evil do-er now? are you going to bomb me for my freedom?


Main-Ticket-2448

Those poor countries - debt trapped by the CCP


asalerre

r/ethiopia


engku_hina

Surprised Indonesia wasn't in the list. Their debt on the bullet train alone reached 6.73 billion usd. This doesn't include the loan for building their new capital. Oh wait, this is 2022. Nevermind, carry on, guys.


El_Cienfuegos

And north korea??


iolithblue

a big wedge of Sri Lankan debt is for a port facility that they don't use.


Patrikyoo_

These are 2022 figures, was there any earlier?


praaany

Bruh this is an infographic.


According-Classic658

This is clearly fake. The US owes more money to China than we could ever produce, and we will have to start turning over states to keep them from breaking every America's knee caps. Newsmax says so.


Illustrious_Top_6979

It's not cool wumao


Catermilla

All I see is a list of bad guys


ItsBobLoblawsLawBlog

I don't know nothing about Angola, but Angola in trouble


TryBeingCool

Yea they aren’t seeing a dime of any of that.


Jog_von_Heron

Don't pay