We finally know how much U.S. debt is owned by Saudi Arabia

Kai Ryssdal and Bridget Bodnar May 18, 2016
HTML EMBED:
COPY

We finally know how much U.S. debt is owned by Saudi Arabia

Kai Ryssdal and Bridget Bodnar May 18, 2016
HTML EMBED:
COPY

Earlier this week, the Treasury Department disclosed for the first time just how much of the U.S. debt is owned by Saudi Arabia by way of U.S. treasury bonds. Andrea Wong wrote about it for Bloomberg.
The amount owned by Saudi Arabia — about $116.8 billion — seems large, but is dwarfed by the $1.2 trillion owned by the Chinese or Japan’s $1.1 trillion.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.