Top 10 Countries US Owes Money To

Have you wondered why US was at a default in August of 2011? This article seeks to examine US expenses and debts. Where has all the money gone? Let’s take a look.

1. The American People:

Amount Owed: $4.7 trillion (2010)

2. China:

Amount Owed: $884 billion (2010);

$1.1 trillion (2011)

3. Japan:

Amount Owed: $865 billion (2010);

$914 billion (2011)

4. United Kingdom:

Amount Owed: $459 billion (2010)

$346 billion (2011)

5. Ireland:

Amount Owed: $197 billion (2010)

$346 billion (2011)

6. Brazil:

Amount Owed: $165 billion (2010);

$211 billion (2011)

7. Russia:

Amount Owed: $176 billion (2010)

$115 billion (2011)

8. Switzerland:

Amount Owed: $112 billion (2010)

$108 billion (2011)

9. Canada:

Amount Owed: $43 billion (2010)

$90.7 billion (2011)

10. Germany:

Amount Owed: $55 billion (2010)

$61 billion (2011)