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20 Countries That Owe US Money - Foreign Affairs (5) - Nairaland

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Re: 20 Countries That Owe US Money by horlando30: 12:38pm On Apr 09
This op is an illiterate, the US owe these countries these amounts and pay interest to them not the other way round as you have implied above. The total debt owed by US to other countries is more than $30 trillion. Do the needful and correct this headline. This debt is owned by these coyntries through buying of us issued treasury bills.

1 Like

Re: 20 Countries That Owe US Money by NwekereNdokl: 12:40pm On Apr 09
America na your mate ?
Re: 20 Countries That Owe US Money by Benwallt(m): 12:40pm On Apr 09
Children of hate will be hitting their head on the wall now.
Re: 20 Countries That Owe US Money by MT: 12:42pm On Apr 09
caracas:

Stop talking ignorantly…
America owes no country a dime…..
What a lot of ppl call debt is actually called US TREASURY…. It’s kinda like a bond or shares. America being stupendously rich and having a unique economy allows qualified countries to invest in their economy. This is how china, Japan Canada etc were able to invest in the American economy and then America is said to be indebted to those countries, Not that America borrowed any money from those countries. America did those countries a Favour by allowing them invest in their economy.

People won't simply take you serious in this forum.

You are ignorant (trust me, I was not being condescending).

This subject matter is beyond you, sit it out.

1 Like

Re: 20 Countries That Owe US Money by beejaay: 12:42pm On Apr 09
Actor007:
Shame on Some People Thinking Nigeria will be Number One the List. God No Go Shame Us

these are the highest debtors to usa.. nigeria owe usa but not to this amount..how much is nigeria worth that will owe a single country this staggerring amount...
Re: 20 Countries That Owe US Money by CHAQUR: 12:47pm On Apr 09
I beg, I want see 20 countries owning Nigeria money since China that Nigeria is owning is also owning the US. Again I will want to know countries the US too is owning if its not from the pool of funds at the IMF that every countries contributed. Simply means that countries are owning the money they contributed...borrowed & shared by politicians and the privileged.
Re: 20 Countries That Owe US Money by walexbiz(m): 12:47pm On Apr 09
Whoever wrote this article has no basic understanding of simple English. All those countries listed up there own us debt meaning they are creditors to the United States and not debtors like Nigeria. They own this debt buying us treasury bills so who ever gave that article should be hanged.

For better understanding you can read this.

https://markets.businessinsider.com/news/stocks/which-countries-own-the-most-us-national-debt-record-level-2021-4-1030314246

1 Like

Re: 20 Countries That Owe US Money by 11doubledee: 12:48pm On Apr 09
God1000:
Hmm, so china is owing US this much and not the other way round.

Well, this will finally address the debate and misconception
Infact the large trade deficit from year 2000 (year in year out) is so mind boggling that China can never joke with the USA.
In some years,it goes as much as 200 - 280billion dollars,a benefit no BRICS nation can offer china.
If not for their political differences( Taiwan and system of governance) their bond would have been tighter than ever.
That is why I laugh when Putin's supporters always want to familiarise with China (enemy to no-one, friend to all)
Re: 20 Countries That Owe US Money by Elinosweet143(f): 12:50pm On Apr 09
I seriously follow this group grin but since we never borrow them fit just laslas borrow us now,we need am
tefishy:
grin
Some set of people are disappointed with this list. They came to check for Nigeria
Re: 20 Countries That Owe US Money by Haaland21: 12:51pm On Apr 09
tefishy:
grin
Some set of people are disappointed with this list. They came to check for Nigeria

The mandate kidnappers are disappointed.

Emergency lovers of Nigeria.......

Who sabi the agulu man....who dash am presidency?

SW, NE, NW determine who wins.

jokers
Re: 20 Countries That Owe US Money by God2man2again(m): 12:52pm On Apr 09
China is owing US for real ?
Re: 20 Countries That Owe US Money by 11doubledee: 12:52pm On Apr 09
walexbiz:
Whoever wrote this article has no basic understanding of simple English. All those countries listed up there own us debt meaning they are creditors to the United States and not debtors like Nigeria. They own this debt buying us treasury bills so who ever gave that article should be hanged.

For better understanding you can read this.

https://markets.businessinsider.com/news/stocks/which-countries-own-the-most-us-national-debt-record-level-2021-4-1030314246
Try to read the full article,it's explicit enough, it talked about those countries holding US debts differently.it's the trade deficit USA offers most of those countries that is really beneficial to them.
USA is like their 'honey pot'
Re: 20 Countries That Owe US Money by sslcrypt: 12:53pm On Apr 09
MT:


Do you know why,? Let me break it down for you using layman explanation.

US always borrows to finance her economy and fight wars. So they might say we need to raise 2 trillion dollars. Some rich countries will come together to give them money. China does that a lot. Then US will give them "IOU" in form of bond or Treasury security.

US will keep paying heavy interest on this loan. When that countries want to claim it's principal, it will resell that debt to other countries. US debts are lucrative because US pays high interest and they have never defaulted.

Anytime you hear that US wants to raise the debt ceiling, this is what they do.

You will be wondering why China is buying US debts. It serves as additional income for them as US keeps paying large interest on it.

US owes Japan the largest money, follows by China.

On the other hands, China has what is called "Road and belt initiative". This is a strategy where they will invest in form of infrastructure in poor countries, and the countries will be paying back.

In summary, it is only rich countries, who has excess, that can afford the US bonds and Treasury while it is only poor countries that are targeted by China for its initiative.

informative piece
Re: 20 Countries That Owe US Money by 1Alex: 12:54pm On Apr 09
Fash20:
The US basically own these economies apart from China. The US is rich. How many countries can loan this kind of money out.
they can print dollar anyhow
Re: 20 Countries That Owe US Money by 1Alex: 12:54pm On Apr 09
babsbolad:
Thank God say Nigeria no dey among.
the list is the first 20
Re: 20 Countries That Owe US Money by Antlislaam: 12:55pm On Apr 09
Even Saudi Arabia is owning us money
Re: 20 Countries That Owe US Money by TemmyT002(m): 12:57pm On Apr 09
I knew it
Remain Japan's own
Re: 20 Countries That Owe US Money by Raynald: 12:57pm On Apr 09
This post is misleading
It should be countries US are owing
Re: 20 Countries That Owe US Money by 8stargeneral: 12:58pm On Apr 09
Then who US dey owe?
Re: 20 Countries That Owe US Money by TUANKU(m): 12:58pm On Apr 09
caracas:

Stop talking ignorantly…
America owes no country a dime…..
What a lot of ppl call debt is actually called US TREASURY…. It’s kinda like a bond or shares. America being stupendously rich and having a unique economy allows qualified countries to invest in their economy. This is how china, Japan Canada etc were able to invest in the American economy and then America is said to be indebted to those countries, Not that America borrowed any money from those countries. America did those countries a Favour by allowing them invest in their economy.
"Stop talking ignorantly"
You should take your own advice and stop talking ignorantly cheesy

1 Like

Re: 20 Countries That Owe US Money by Goodlady(f): 12:58pm On Apr 09
God1000:
Hmm, so china is owing US this much and not the other way round.

Well, this will finally address the debate and misconception
Explain further sir. WriterNg WritersNg WriterNig, epp us check if Russia no owe US too.
Re: 20 Countries That Owe US Money by benzypher(m): 1:00pm On Apr 09
Global economics isn't that straightforward, They can both owe each other (they do)

1 Like

Re: 20 Countries That Owe US Money by tefishy(m): 1:00pm On Apr 09
cheesy
Okay naw. Borrow small, no be the one we no fit pay back

Elinosweet143:
I seriously follow this group grin but since we never borrow them fit just laslas borrow us now,we need am

1 Like

Re: 20 Countries That Owe US Money by 79733139(m): 1:00pm On Apr 09
Exousiang01:
Switzerland has no business being in debt

As long as they are making their debt payments regularly, there is no issue. The whole modern world was built and is still been built on debt.
Re: 20 Countries That Owe US Money by Kingzmate(m): 1:01pm On Apr 09
WHY IS NOT NIGERIA'S OWN NOT LISTED cheesy

ERROR IN TRANSMISSION cool
Re: 20 Countries That Owe US Money by gabbytabby: 1:04pm On Apr 09
Na propaganda lie



God1000:
Hmm, so china is owing US this much and not the other way round.

Well, this will finally address the debate and misconception
Re: 20 Countries That Owe US Money by 79733139(m): 1:04pm On Apr 09
God1000:
Hmm, so china is owing US this much and not the other way round.

Well, this will finally address the debate and misconception

Both countries are owing each other. They don't cancel out their debts like regular people. China also owes USA approximately $850 billion.
Re: 20 Countries That Owe US Money by RolexOfGeneva(m): 1:05pm On Apr 09
backbone503:
Even China dey owe US. Hate it or love it, believe it or not, US still remains the greatest. The world without US would have been a very different and dangerous place. Look at China, look at Russia, then look at the US. In whose hands do you think on world is safer in?
US also owes other countries trillions of dollars
Re: 20 Countries That Owe US Money by Parkleader: 1:05pm On Apr 09
Dittodat:
Our educated youths don't know the difference between OWE and OWN.

The US owes money to China and Japan. China and Japan do not owe the US money oh.
Make I use pidgin English - Na USA GO PAY CHINA AND JAPAN BACK THE MONEY WITH INTERESTS.
I think the headline is not correct too, 20 countries that the US owes money not 20 countries that owes us money...... Anyways most of that US 30trillion debt is internal
Re: 20 Countries That Owe US Money by Pharaoh4rin(m): 1:07pm On Apr 09
Russia and Ukraine are not owing US?. Nice one
Re: 20 Countries That Owe US Money by CatchMeIfUCanMO: 1:07pm On Apr 09
Misterone:

You have to take this with a pinch of bitter kola! The US is the most indebted country in the world! Who are they owing? To the best of my knowledge, they are owing China trillions of dollars and not the other way round.

Stop being ignorant Mr Man, reading more on this would have saved you from displaying your igno rance in the open.

Go and read how the two countries came up with their socalled debt and you will see that USA never collected any loan or got the debt due to a supply or whatever from China but rather it was more like a favor to them, they happened to be among those that have shares or investment where the money was taken.

That can't be said about China's debt to USA.

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