Tuesday, October 23, 2012

U.S. Government's Foreign Debt Now $47,495 Per Household/........Nearly DOUBLE to what is was just THREE years Ago!

The debt that the U.S. government owes to foreign interests now equals approximately $47,495 for each household in the United States, according to the latest data released by the U.S. Treasury and the Census Bureau.

The portion of the U.S. government’s foreign debt now owed to interests in Mainland China is about $10,090 per household.

Back in January 2009, foreign interests held a total of $3,071,700,000,000 in U.S. government debt. That month, according to the Census Bureau, there were 111,079,000 households in the United States. Therefore the total U.S. government debt held by foreign interests was about $27,653.29 per household.

http://cnsnews.com/news/article/us-governments-foreign-debt-now-47495-household