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trepidhickory October 30th, 2013 11:41pm

True or False? For every dollar the United States owes a foreign country, other foreign countries owe The US around 60 cents.

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skinner Wisconsin
10/30/13 6:46 pm

That doesn't mean we will get paid

Posco BBQ Enthusiast
10/30/13 4:42 pm

I've seen journals that put it as high as 89.

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trepidhickory Ayy Lmao
10/30/13 4:47 pm

Yes the answer is false the commonly cited statistic is 84-90 cents per dollar

JiveYoungKing The Banter Boy
10/30/13 4:55 pm

Yeah, I knew that and didn't change my answer...

cpaswr just say the letters
10/30/13 5:00 pm

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.

trepidhickory Ayy Lmao
10/30/13 5:03 pm

www.neontommy.com/news/2013/10/who-does-america-owe-money-infographic

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

bethanyq Ess Eff
10/30/13 5:07 pm

Yup, I answered false because 60% sounded low to me, although in fairness the exact amount changes as exchange rates fluctuate.

trepidhickory Ayy Lmao
10/30/13 5:09 pm

True thays why I chose a number around 25% lower

bethanyq Ess Eff
10/30/13 5:09 pm

BUT, given the dollar's relative weakness in recent years, those exchange rates are tending to favor us if I'm not mistaken.