Friday, July 29, 2011

US debt breakdown (pun intended)

Via:  New York Times

Click through for an excellent graphic showing which administrations accrued the debt and who holds it.  Note that China holds less than ten percent of the debt, and that the lion’s share of the debt was accumulated under  George W. Bush.

Via:  Foreign Affairs – How Scary Is the Deficit – Setser and Roubini.  Very, in their view.

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