America Owes Oil Exporters A Quarter Of A Trillion Dollars: The Debt Mountain Explained In 3 Charts
On Capitol Hill, members of Congress are frantically negotiating to extend the US debt ceiling - the maximum borrowing power of thenation. Currently, that debt stands at $16.8 trillion, almost three times the level it was a decade ago and $55,000 for every living American.
Interestingly, and worryingly for those hawkish on US energy independence, 1.58 per cent of total American debt can be traced back to "The Oil Exporters".
The infographic below shows the breakdown of this debt into three categories: foreign, domestic and federal:
The foregin foreign lenders can be ranked as follows:
So who are those shadowy "Oil Exporters"? Well, there are 11 of them: