Yikes and I thought we were in trouble in the US, had no idea Japan had dropped so far.Japan lost its place as the world's No. 2 economy to China last year. The Japanese economy has been ailing for two decades, barely managing to eke out weak growth between slowdowns. It is saddled with a massive public debt that, at 200 percent of GDP, is the biggest among industrialized nations.
Here's the Treasury Dept's stats on foreign owned US Bonds:http://www.treasury.gov/resource-cen...uments/mfh.txt
If you count Taiwan in with China since China still claims them, it's an even bigger gap.




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