Thursday, October 25, 2007

Who owns the most US debt? China, Saudi Arabia, Russia, Venezuela and Iran

"The irony is that the three countries in the world adding to reserves the fastest, and thus buying the most U.S. debt now, are China, Saudi Arabia and Russia, none of them democracies," says Brad Setser, director of research at Roubini Global Economics. Not far behind are Venezuela and Iran, The share of total reserves held in dollars was 66.5% in

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