Even though most of our country's $14 trillion debt is held by private banks in the U.S., the Treasury Department and the Federal Reserve Board estimate that, as of December, about $4.4 trillion of it is held by foreign governments that have purchased our treasury securities.
1. Mainland China
Amount of U.S. debt: $891.6 billion
Share of total foreign debt: 20.4%
2. Japan
Amount of U.S. debt: $883.6 billion
Share of total foreign debt: 20.2%
3. United Kingdom
Amount of U.S. debt: $541.3 billion
Share of total foreign debt: 12.4%
4. Oil Exporters
Amount of U.S. debt: $218 billion
Share of total foreign debt: 5%
5. Brazil
Amount of U.S. debt: $180.8 billion
Share of total foreign debt: 4.1%
6. Caribbean Banking Centers
Amount of U.S. debt: $155.6 billion
Share of total foreign debt: 3.6%
7. Hong Kong
Amount of U.S. debt: $138.2 billion
Share of total foreign debt: 3.2%
8. Canada
Amount of U.S. debt: $134.6 billion
Share of total foreign debt: 3.1%
9. Taiwan
Amount of U.S. debt: $131.9 billion
Share of total foreign debt: 3.0%
10. Russia
Amount of U.S. debt: $106.2 billion
Share of total foreign debt: 2.4%
Well I think its kind of scary considering China is on that list 3 times: Mainland China, Hong Kong, and Taiwan. All together, we owe China 1161.7 billion, so thats over a trillion. What if one of those nations on the list decide to collect the bebts we owe them? We wouldnt be able to pay up. And if we cant pay in cash, what will they collect instead? Our territories maybe? What do yall think? Will we ever be able to pay off our debts?
This is the link
http://finance.yahoo.com/banking-budgeting/article/112189/who-owns-the-us?mod=bb-debtmanagement
Monday, February 28, 2011
Tuesday, February 22, 2011
In the Year 2050
"A growing, more affluent population competing for ever scarcer resources could make for an 'unrecognizable' world by 2050, researchers warned at a major US science conference Sunday." The Global population in 2008 was 6,697,798,604 and as of last year was 6,775,235,741. In one year it went up about 80 million. The Global Population is expected to reach 7 billion this year, which is about a 230 million rise from last year. At the rate our planet's population is growing, the United Nations expect the Global Population to reach 9 billion by the year 2050. To feed everyone, "we will need to produce as much food in the next 40 years as we have in the last 8,000," said Jason Clay. Population experts are calling for more funding for the family planning programs which helps control the the population.
I think its a good idea to control the population because we are exceeding what the Earth can handle. Like when your in an elevator and too many people are in there and the elevator wont go up because you've exceeded the weight limit. Well our recources are going to run out sooner or later if we keep useing them up like this and the Earth just wont produce enough food because it cant for 9 billion people. What do ya'll think about controlling the population to fix this future problem?
The link is
http://news.yahoo.com/s/afp/20110220/ts_afp/scienceuspopulationfood
The link is
http://news.yahoo.com/s/afp/20110220/ts_afp/scienceuspopulationfood
Monday, February 14, 2011
Valentines Day- a day of Death or Love?
A lot of people dont really know where Valentines Day originated from...Saint Valentine. Its questionable whether he even existed or not. "Valentine was a holy priest in Rome, who, with St. Marius and his family, assisted the martyrs in the persecution under Claudius II." Valentine was beaten and then executed after authorities were unable to force him to renounce his faith. His death occurred on February 14. So how did Valentines Day start off as the day of Saint Valentines cruel death to hearts and chocolate? Well, according to a blog specializing in saints, "some believe the Romans had a mid-February custom where boys drew the names of girls in honor of the sex and fertility goddess, Februata Juno."
Valentines Day as we know it is like a mix of the two holidays. Taking Valentine's date and name with the love theme from the Roman custom to honor Februata Juno. So we're like celebrating a day of crualty and death with love and chocolate. Whats with that? And am I the only one that noticed that the sex and fertility goddess's name is Juno? But its kind of ironic that Valentines Day is the worste day of the year for some (like myself) and the most amazing for others. So coming from two different holidayse merged into one, it makes since on how you hate it or love it consitering that one was for love and the other for hate. What do ya'll think about it? Do you like Valentines Day or not?
This is the link of article
Thursday, February 10, 2011
#12 is 3x #4
Aparently there is this famous "farve barn" in Wisconsin thats a tribute to Brett Farve on Highway 10/45 in Winnebago County. Even when Brett Farve signed with the New York Jets, Patti Schroeder who is the owner of the barn kept the message up but split the heart. Only recently did she change it to honor Brett Farve's replacement, Aaron Rodgers for leading the Packers to the Super Bowl. It used to say "4 ever in our ♥" but now it says "#12 is 3x #4". Schroeder says it's clearly "Mr. Rodgers' neighborhood" now.
This is the link for the article
http://sports.yahoo.com/nfl/blog/shutdown_corner/post/Famed-Favre-barn-becomes-Mr-Rodgers-neighbo?urn=nfl-319007
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