http://finance.yahoo.com/banking-bud...debtmanagement
This was an interesting article but I do remember reading similar valuations months ago. It was a surprise to me that Japan owns as much of the US as it does.
I didn't realize the UK owned as much as it does, and with the Middle East being right after the UK, I'm not surprised.
The only allies that owe much of their debt would be the UK, Taiwan, Canada and maybe some of the Caribbean.
Hypothetically what happens if China and Japan demand their money back by selling their US bonds? Is it really true they may have to give up some of their territory or would they shoot themselves by printing more money?