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The combined domestic and external debt increased by some US$41 million from March to June 30, 2014 to some US$1.68 billion.

 

External debt servicing gone up again by 10 percent to US1.6 million more US$18.2 million mainly because of increase debt payment to China.  

 

The interest on Jagdeo Skeldon Sugar frucktary start to kick in - we getting it in the azz from China now.

FM
Last edited by Former Member
Originally Posted by politikalamity:

I would not be surprised if Gy is in massive debt. Ninety nine percent of those that borrow money from the IMF and World Bank have basically impoverished their population to enrich a few locals and foreigners. 

The IMF and WB are indeed pimps but we are heavily indebted to the chinese and have little or no productive capacity to sustain the debt load. Imagine if we had gone into the hole for another billion with the Amalia Falls .

FM

China and U.S. Debt

The largest portion of U.S. debt, 68 cents for every dollar or about $10 trillion, is owned by individual investors, corporations, state and local governments and, yes, even foreign governments such as China that hold Treasury bills, notes and bonds.

Foreign governments hold about 46 percent of all U.S. debt held by the public, more than $4.5 trillion. The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury.

 

FM
Originally Posted by yuji22:

China and U.S. Debt

The largest portion of U.S. debt, 68 cents for every dollar or about $10 trillion, is owned by individual investors, corporations, state and local governments and, yes, even foreign governments such as China that hold Treasury bills, notes and bonds.

Foreign governments hold about 46 percent of all U.S. debt held by the public, more than $4.5 trillion. The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury.

 

u have as much economic sense as a gnat. The US is a 17 trillion dollar economy!

FM

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