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Apparently shell companies in the Cayman islands own a lot of this debt? Can anyone validate? https://www.threads.com/@shresht/post/DINKpmAzqm0/can-someone-plea
by josefritzishere 1y ago
Apparently shell companies in the Cayman islands own a lot of this debt? Can anyone validate?
https://www.threads.com/@shresht/post/DINKpmAzqm0/can-someone-please-explain-why-cayman-islands-owns-us-debt https://www.threads.com/@shresht/post/DINKpmAzqm0/can-someon...
- s1artibartfast 1y agoAbout 450 billion of the national debt is held in the Cayman Islands, or a little more than 1% of the 38 trillion total. About the same as Belgium and Luxenberg, but significantly less than Japan, UK, and China. https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html https://ticdata.treasury.gov/resource-center/data-chart-cent...