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Get this: World owes US nearly as much it owes world
- TomOfTTB 15y agoThis seems dubious. I think the report is referring to total US assets (public and private). See this quote... That’s a hard question to answer completely, but a good place to start is the Financial Report of the United States Government. According to the 2009 report, the U.S. owned $2.7 trillion in assets at the end of 2009, up from only $2.0 trillion a year earlier. Many of these are off-limits (we aren’t going to sell the Capitol or the USS Nimitz), but some raise interesting questions. Source:http://dmarron.com/2010/03/07/what-assets-could-the-united-states-sell/ http://dmarron.com/2010/03/07/what-assets-could-the-united-s... The report this article is based on is online but I didn't have time to go through all of it. Still I'm pretty sure I'm right. Here's the link: http://www.mckinsey.com/mgi/reports/freepass_pdfs/Mapping_global_capital_markets/Capital_markets_update_email.pdf http://www.mckinsey.com/mgi/reports/freepass_pdfs/Mapping_gl... (look at the summary under the chart on pg 8)
- gte910h 15y agoDoes this take into account the approximate 20-25% of the land area of the US?
- antimora 15y agoThe article is misleading. Recently people have been concerned about the US public debt not the external debt, which includes private borrowers. This is the money the article is referring to: http://en.wikipedia.org/wiki/List_of_countries_by_external_debt http://en.wikipedia.org/wiki/List_of_countries_by_external_d...