Brussels - Washington: Europe and the Arabs
US debts amounted to $31.4 trillion to foreign entities, including governments, central banks, companies and individual investors. This debt includes US Treasury bonds and other financial bonds, as countries buy US bonds known as "Treasury Bonds" because they are considered the safest investment options.
According to the "USA Facts" website, reports indicated that US debts to foreign countries reached $7.4 trillion as of January 2023, representing 24% of the total US debt, and Japan and China come at the forefront of the countries to which the Federal Reserve owes the largest share of debt. foreign. According to Al-Youm Al-Sabea website in Cairo, we add, “During the past two decades, Japan and China owned the largest percentage of US Treasury bonds compared to other countries and foreign institutions.
According to the report, between 2000 and 2022, Japan's share increased from $534 billion to more than $1 trillion in US Treasury bond debt, while China increased its share from $101 billion to $855 billion.
The five countries to which the United States owes the largest share of its debt - according to the latest reports in January 2023 - are Japan, and the American debt reached 1.1 trillion dollars, followed by China with 859 billion dollars, then the United Kingdom with 668 billion dollars, then Belgium with 331 billion dollars, and finally Luxembourg, where America owes her $318 billion.
The report indicated that America's debts are now 6 times what they were at the beginning of the 21st century, and have reached a record level since World War II compared to the size of the US economy. The report predicted that these debts would grow at a rate of $1.3 trillion annually over the next decade.