Who owns America? Hint: It’s not China – Global Public Square – CNN.com Blogs.
An interesting breakdown of where America’s debt is held. And China still owns an extraordinary amount…
It was a big deal for everybody. The idea of a debt ceiling is to place a limit on how much the government can borrow. and debt ceiling fight has more than a few individuals concerned about how much the United States has to pay. Many wonder if the common pick for the country that owns America – China – will leave the United States in its wake. But Business Insider makes a point that China is not what many believe it is. China is a player, but the real solution to the country that owns America is really America. We own our own debt.
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