Bhaarat Football's video: Top 10 Countries From Which USA has Burrowed 30 Trillion USA Debt USA Debt Ceiling Japan Debt

Here is a list of the top 10 countries from which the USA has borrowed money as of March 8, 2023: Japan: $1.3 trillion China: $1.0 trillion Ireland: $252 billion United Kingdom: $246 billion Belgium: $244 billion Brazil: $227 billion Switzerland: $219 billion Taiwan: $213 billion Mexico: $199 billion Saudi Arabia: $198 billion It is important to note that the USA also borrows money from its own citizens and institutions. As of December 2022, domestic investors held $13.6 trillion in US Treasury securities. This includes mutual funds, depository institutions, state and local governments, private pension funds, insurance companies, and state and local government pension funds. The US government borrows money to finance its budget deficit. The budget deficit is the difference between the government's spending and its revenue. The government has been running a budget deficit for many years, and this has led to a large national debt. The national debt is the total amount of money that the government owes to its creditors. As of March 8, 2023, the national debt was $30.4 trillion. The US government borrows money by selling Treasury securities. Treasury securities are debt instruments issued by the US government. They are considered to be safe investments, and they are therefore in high demand by investors. The US government can borrow money at very low interest rates because of the high demand for Treasury securities. The US government's debt is a major concern for many economists. They worry that the debt will eventually become unsustainable, and that this will lead to a financial crisis. However, the US government has a long history of paying its debts, and there is no reason to believe that it will not be able to continue to do so in the future. Please do consider checking our other social media accounts. Instagram - https://www.instagram.com/onthegoraju/ 💘💖💗💓💔 Please Subscribe - https://www.youtube.com/@onthegoraju?... 🙏🙏🙏🙏 facebook - https://www.facebook.com/OnTheGoRaju TikTok - https://www.tiktok.com/@onthegoraju contact - mailewns@gmail.com