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The United States has the largest external debt in the world. The total number of U.S. Treasury securities held by foreign entities in December 2021 was $7.7 trillion, up from $7.1 trillion in December 2020. [8] Total US federal government debt breached the $30 trillion mark for the first time in history in February 2022. [9]
If the total U.S. debt were divided by every household in the country, each household would get about $252,000, according to a September tweet from The Kobeissi Letter. See: How Far a $100,000 ...
Foreign holdings of US assets are concentrated in debt. Americans own more foreign equity and foreign direct investment than foreigners own in the United States, but foreigners hold nearly four times as much US debt as Americans hold in foreign debt. Of all US debt, 15.2% is owed to foreigners. [13]
As of the end of 2023, Americans had racked up an all-time record of $1.13 trillion in credit card debt. Total debt levels reached $17.503 trillion, or $104,215 per household. Part of this was due ...
Publicly held debt is projected to reach 122.4% of GDP by 2034, up from 97.3% last year. Gundlach said that Washington has been plagued by large budget deficits since the 1980s, but these were ...
The following list sorts sovereign states and dependent territories and by the total number of deaths. Figures are from the 2024 revision of the United Nations World Population Prospects report, for the calendar year 2023.
Consumer debt levels are now the highest they've been since the Great Recession and its aftermath. But things aren't quite as bad: Then, the delinquency rate soared to nearly 6.8% in 2009.
Still, the budget deficit is expected to be $1.87 trillion this year, a slight decline from the $1.91 trillion shortfall last year. Deficits as share of the total economy would then narrow through ...