
cmrocks
 |
External debt (or foreign debt) is that part of the total debt in a country that is owed to creditors outside the country. The debtors can be the government, corporations or private households. The debt includes money owed to private commercial banks, other governments, or international financial institutions such as the IMF and World Bank.
External Debt
(million US$) 10,040,0001 |

josie_lam
 |
1 700 000 000 000 000 000 $, I have no idea how to say that number, but it's 17 0's..Mostly to China I think, solution is IMF, I don't think American will like the taste of it's own medecine. |

Frank Castle
|
1) $5,000,000,000,000.00 USD (Give or take a few billions)
2) 66% Central Banks (Japan, Germany, China, United Kingdom, France, Italy, Canada, Spain, Brazil, Russia, India, South Korea, Mexico and other countries) 34% Individual Investors (Crédit Agricole, Fortis, HSBC, BNP Paribas, UBS, Deutsche Bank, Dexia, Credit Suisse, Société Générale, Royal Bank of Scotland, Santander, Barclays and othe banks)
3) Because the United States of America will spend $2.9 TRILLION in 2008 and will make only $2.66 TRILLION.
The next President needs to raise taxes, sell museums, libraries, schools, hospitals, postal offices and weapons to raise $2.67 TRILLION and reduce expenses to $2.66 TRILLION |