True or False? For every dollar the United States owes a foreign country, other foreign countries owe The US around 60 cents.
That doesn't mean we will get paid
I've seen journals that put it as high as 89.
Yes the answer is false the commonly cited statistic is 84-90 cents per dollar
Yeah, I knew that and didn't change my answer...
Just curious. Do any of the articles mention the countries? I'm wondering if we owe money to countries that owe money to us as well.
this is an infograph of who we owe money to
I'm trying to find an unbiased website that has reported who owes us money but most of them are EU countries
Yup, I answered false because 60% sounded low to me, although in fairness the exact amount changes as exchange rates fluctuate.
True thays why I chose a number around 25% lower
BUT, given the dollar's relative weakness in recent years, those exchange rates are tending to favor us if I'm not mistaken.