Who owns the USA debt?
The USA debt, considered the safest debt in the world is owned by who? The answer may surprise you. Americans own $12.9 trillion followed by China and Japan with $1.3 and $1.1 trillion each. The rest of the USA debt is owned by multiple countries. You ask what Americans own $12.9 trillion of the USA debt? Government trust own $5.3 trillion with a close second of $5.1 trillion being held by individuals, pension funds and state and local governments. The Federal Reserve owns $2.5 trillion. So we Americans still own and control the USA.