Top-5 buyers and sellers of US government debt 🗽
The US debt is already nearly $39 trillion and is growing at record pace. The main buyers are Europe, Japan, and Canada, while China and the BRICS countries, on the contrary, are getting rid of Treasuries.
Top buyers:
▪️ United Kingdom: +$121.6 billion (+16%)
▪️ Belgium: +$119.7 billion (+33%)
▪️ Japan: +$115.5 billion (+11%)
▪️ Canada: +$99.8 billion (+27%)
▪️ Norway: +$56.3 billion (+35%)
Top sellers:
▪️ China: -$86.0 billion (-11%)
▪️ Brazil: -$60.8 billion (-27%)
▪️ India: -$47.5 billion (-20%)
▪️ British Virgin Islands: -$39.0 billion (-32%)
▪️ Bahamas: -$13.8 billion (-35%)
At the same time, China is a leader in gold purchases, and its investments in Treasuries are at their lowest level since 2008 😇
@izja19877