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Comments about ‘42 percent of foreign-owned U.S. debt held by China, Japan’

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Published: Monday, Oct. 22 2012 10:54 p.m. MDT

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mcdugall
Layton, UT

China and Japan purchase so much US debt because that is the mechanism they use to devalue their own currencies.

jpc53
Cottonwood Heights, UT

I guess it is a jucier story to say that the Chinese own 21% of the foreign owned US debt than to say that the $1.15T they own is approximately 8% of the total US Debt.

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