Who does the USA owe money to and how does this affect the global balance of power?
The map here shows who the USA owe money to and how the amounts have changed over time.
The website says:
Our goal with this visualization was to show which countries are lending us money and to let people interact with data on a country by country basis to see how this lending has changed over time. For example, mousing over the large dot on China shows that Chinese lending to the United States has gone from $59 billion ten years ago to more than $1.15 trillion today, or one quarter of the total foreign owned debt of $4.45 trillion.
If the USA owes so much money to China where does that leave our traditional view that the USA is 'developed' and that China is 'developing' or an emerging economy?
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