benuejosh:
Some people will not sleep well tonight because Nigeria's name is not there. May they continue to face disappointments and heart attack because of their evil wish for Nigeria.

Cc:
Obidients movement- Nairaland chapter.
Emergency lovers of Nigeria.

I thought u had been killed by one of this herdsmen or bandits

You are correct

ShoeGetSize:
Nigeria has a low credit rating in the international monetary system. I believe Nigeria's credit rating is "junk" status, but I'm not too sure 🤔 I'll check it out...
But the implication is that a Tier 1 lender like the United will NEVER lend large volumes of money to a poorly rated country like Nigeria because it is likely that they will never recover it. That's why Nigeria borrows from private creditors (like the Paris Club, London Club) the World Bank and China.

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

Well, this will finally address the debate and misconception

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.

Oga, it's the other way round.!! Usa owes these countries.

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

Well, this will finally address the debate and misconception

Bros. You seem not to understand what you posted. This are the US creditors not debtors.
The US is owing China 859 billion and not the other way round.

No Nigeria on the list? Westin come concern US over Naija matter now? Always pokenosing into our business.

God1000:


https://finance.yahoo.com/news/top-20-countries-owe-us-175515001.html

There is no how Africa shouldn't be on that list! Or may be we owe crumbs

And what happened to the idea that "US is the most indebted country on earth" ?

tctrills:

Bros. You seem not to understand what you posted. This are the US creditors not debtors.
The US is owing China 859 billion and not the other way round.

Then the header should be edited

FALSE.

Whoever posted this doesn't know what tey are talking about.

Japan and China do NOT OWE US MONEY.

Japan and China OWN US treasury bills which means that the US OWE them money, not the other way around.


Japan and China are the biggest buyers of US treasury bills which means they bought US bonds to be paid back in the future.
Anyone can buy US treasury bills at a rate. That means you are loaning the US government money and they are giving you a promissory note that states the money will be paid back at a later date with an agreed interest.
Japan and China are the biggest buyers of these bills hence the US govt owes them this money.

The US is the biggest debtor nation on Earth and by a very wide margin, No one is even close.

Pupanchy:
Even if all the countries decided to pay Nigeria, does that makes or would bring any impart in using the money on the right source, l shall hope they don't kill their self if the money is being paid

check the thread again, it's about countries owing the UNITED STATES OF AMERICA not countries owing us(Nigeria)

Fash20:
The US basically own these economies apart from China. The US is rich. How many countries can loan this kind of money out.

Google countries the US is owing before you open mouth.

crazygod:

Then the header should be edited

Yes it should be. Even when you read the body, you will see that it's talking about US creditors

Thank God our dear Nigeria is not on the list

I'm curious to know the countries that US is indebted to

Na chaina w dey own, we dey Us.

You have just succeeded in giving false information. This data you quoted is the debt owed by the United States and not those owing the United States. Moderator may need to bring down this post because it's entirely false. Even the original writer of that article in Yahoo Finance, Zarah Hamid, did not even know what she was writing. How can countries who are holders of your debt (bought United States Government issued Bonds) be referred to as owing the United States? Shame!

God1000:


https://finance.yahoo.com/news/top-20-countries-owe-us-175515001.html

The “US”.
I thought those who owe Nigeria.

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.

Do you know the United States is the biggest debtor in the world.





Moreover, it is the United States owing China that amount, not China owing the United States.

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

Well, this will finally address the debate and misconception

Fash20:
The US basically own these economies apart from China. The US is rich. How many countries can loan this kind of money out.

It’s the other way round. This is a list of countries that the US owes money ( I.e countries that bought Us treasuries. Aka debt) not countries that owe the US.

@God1000, This is what happens when ignoramuses just do copy and paste articles from the internet and are unable to spot the errors in the articles because they themselves have no knowledge of the subject matter. It is the the US that owes these countries not the other way round.

You “own” a debt is different from “owe” a debt. It helps to understand English. The US owes the debt, these countries own the debt.

The US is basically the worlds biggest debtor but they get away with it because they are the worlds reserve currency and they simply print more money. This is what the BRICS are trying to challenge.

They re owing china more in treasury bonds

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

Well, this will finally address the debate and misconception

benuejosh:
Some people will not sleep well tonight because Nigeria's name is not there. May they continue to face disappointments and heart attack because of their evil wish for Nigeria.

Cc:
Obidients movement- Nairaland chapter.
Emergency lovers of Nigeria.

What is bad is that we owe dose that owe USA


If you hold dose once they will in turn owe us

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

Well, this will finally address the debate and misconception

China is the creditor here not the other way round. These are treasury bonds.

Dittodat:
FALSE.

Whoever posted this doesn't know what tey are talking about.

Japan and China do NOT OWE US MONEY.

Japan and China OWN US treasury bills which means that the US OWE them money, not the other way around.


Japan and China are the biggest buyers of US treasury bills which means people buy US bonds to be paid back in the future.
Anyone can buy US treasury bills at a rate. That means you are loaning the US government money and they are giving you a promissory note that states the money will be paid back at a later date with an agreed interest.
Japan and China are the biggest buyers of these bills hence the US govt owes them this money.

The US is the biggest debtor nation on Earth and by a very wide margin, No one is even close.

I was confused too.




Because I listened to a US economist who was asked about the consequence of the United States owing China so much money.





The economist said it can be seen as China owning the United States economy.

Hence Us owing nobody.

People of high intellect will not believe this propaganda. I think they are casting this misleading information in order to borrow more money and embezzle it. If one complains they would say even developed countries are owing gigantic amount of money to one country or another e.g China, UK, Japan etc are owing the US. May God help our dear nation.

Which means the whole world is owning USA period.

quote author=God1000 post=129345213]

https://finance.yahoo.com/news/top-20-countries-owe-us-175515001.html[/quote]

SouthSouth1914:


The world is still a dangerous place dude. Most heinous crimes are still being committed by the top tier governments of the west. The US didn’t make the world any safer or as you may think. Argue? Do a small research!

The US has equally done alot of harm. No doubt they have underlining interests which have to be protected in all they do, but no country champions global peace like the US. Without America, religious extremism would have been a big plague. The world will never be safe in the hands of China and Russia.

sslcrypt:
ironic they are all wealthy countries. why the ones that owe china are poor countries.

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.

How is this possible?

These are productive nations.
There are hidden things about this debt. Something not clear on the surface.

China was giving money to US until 2019.
Don't you think, it should have something to do with Corona Virus!

Who created that bioweapon, and why did China suffer it the most?


Access Bank and Intercontinental Bank also played out here.

tefishy:

Some set of people are disappointed with this list. They came to check for Nigeria

😁😁😁....... I dey among those people oooo. But truly, to know how we are faring nii....not witch-hunting though.

Lol