External U.S. Govt. Debt vs Internal U.S. Govt. Debt

[Reality Check]

Much has been made on this forum about the unsustainable nature of the Current level of U.S. Government Debt

However, there has been limited discussion regarding the difference between Internal Government Debt and External Government Debt.

Internal Government Debt = the sum of all government debt owed to persons ( individuals, corporations, partnerships, trusts, etc. ) subject to the laws of the government issuing the debt

External Government Debt = the sum of all government debt owed to persons ( individuals, corporations, partnerships, trusts, etc. ) not subject to the laws of the government issuing the debt

Gross External Government Debt = the Sum of all debts owed to all foreign persons, the same as External Government Debt

Net External Government Debt = the Sum for all foreign countries, of Gross External Government Debt owed to persons of a single foreign country, less the foreign debt the government of that same foreign country owes to U.S. persons ( assuming the U.S. is the country for which the Net External Debt is being determined )

[Reality Check]

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As of: June, 2012 ( U.S. Treasury )

U.S. Gross External Government Debt = 5,311 Billion = 5.3 Trillion
Detailed Data: http://www.fms.treas.gov/bulletin/b2012_4ofs.doc


As of: September, 2012 ( U.S. Treasury )

U.S. Gross External Government Debt = 5,066 Billion = 5.1 Trillion
http://www.treasury.gov/resource-center ... 012q2.html


As of: December 11th, 2012 ( U.S. Debt Clock )

U.S. Gross External Government Debt = 5,470 Billion = 5.5 Trillion
http://http://www.usdebtclock.org/

[Reality Check]

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http://www.fms.treas.gov/bulletin/b2012_4ofs.doc

As of: June, 2012 ( U.S. Treasury )

U.S. Gross Internal Government Debt - Total = 9,380 Billion = 9.4 Trillion

U.S. Gross External Government Debt - Savings Bonds = 184 Billion = 0.2 Trillion

U.S. Gross External Government Debt - Pension Funds State/Local Govt. = 190 Billion = 0.2 Trillion

U.S. Gross External Government Debt - Insurance Companies = 259 Billion = 0.3 Trillion

U.S. Gross External Government Debt - Bank/CU/Depository = 305 Billion = 0.3 Trillion

U.S. Gross External Government Debt - State & Local Government Investment Funds. = 520 Billion = 0.5 Trillion

U.S. Gross External Government Debt - Private Pension Funds = 605 Billion = 0.6 Trillion

U.S. Gross Internal Government Debt - Mutual Funds = 865 Billion = 0.9 Trillion

U.S. Gross Internal Government Debt - Unspecified ( by the U.S. Treasury ) Other Private Investors = 1,089 Billion = 1.1 Trillion

U.S. Gross Internal Government Debt - FED Balance Sheet = 1,667 Billion = 1.7 Trillion

U.S. Gross Internal Government Debt - Intra Govt. Trusts ( Owed to Social Security Trust Fund, etc. ) = 4,808 Billion = 4.8 Trillion

U.S. Gross Internal Government Debt - Total = 9,380 Billion = 9.4 Trillion
http://www.fms.treas.gov/bulletin/b2012_4ofs.doc

[Reality Check]

http://www.treasury.gov/resource-center ... ts/mfh.txt

[Reality Check]

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2002 Through 2010 Gross External Debt Growth by Country of Ownership ( 375 Billion / Yr )

............................................Compared to

2010 Through 2012 Gross External Debt Growth by Country of Ownership ( > 500 Billion / Yr )


................Rate of Growth increased from 375 Billion / Yr for period 2002 to 2010 to > 500 Billion / Yr for period 2010 to 2012.

................Countries Buying additional U.S. Government Debt have changed.

................These Amounts are in additon to any Federal Reserve Purchases of debt.







Group Oil - Select ( Selected by the U.S. Treasury for tracking as a group ) Oil Exporting Countries:
Oil exporters include Ecuador, Venezuela, Indonesia, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar,
Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria.

Group Bank- Select ( Selected by the U.S. Treasury for tracking as a group ) Off Shore Banking Countries:
Caribbean Banking Centers include Bahamas, Bermuda, Cayman Islands, Netherlands Antilles, Panama and British Virgin Islands.


15 Nations - Individual Countries owning less than 50 Billion each in U.S. Debt that the U.S. Treasury tracks individually, but would not show up on graph individually - Ordered by Decreasing Size of Investment: Turkey, Philippines, Israel, Chile, Poland, Colombia, Australia, Sweden, Italy, Netherlands, Spain, Malaysia, Denmark, South Africa, and Peru.

Source of Data - U.S. Treasury:
here:http://www.treasury.gov/resource-center ... hhis01.csv
and here: http://www.treasury.gov/resource-center ... ts/mfh.txt

[Reality Check]

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http://generationaldynamics.com/forum/v ... 127#p17126
As Noted in the Above Two Graphs:
http://generationaldynamics.com/forum/v ... 127#p17126

The United Kingdom, Russia and Canada sold more U.S. Debt than they bought during the period 2010-2012

China, Taiwan, Hong Kong, Germany, Thailand and Korea did not net buy ( nor net sell ) significant amounts of U.S. Government debt during the period 2010-2012.

Oil Exporting Countries ( Group-Oil ) and All Countries not shown on the graph individually, or as part of another Group ( Other Countries ) purchased only very minor amounts of net additional U.S. Government Debt during the period of 2010-2012.

Even though the above countries have cut back, the remaining countries, shown in the graph continued to increase their rate of purchase so that the total sale of U.S. Government External Debt per year has increased from 375 Billion per year to over 500 Billion for the period 2010 to 2012 ( NOT including any additional purchase by the U.S. Federal Reserve ).

Japan, Belgium-Luxemburg, Brazil, The 15 Nations, the Banking Group, Switzerland, Singapore, Ireland, France, India and Mexico picked up the pace of buying increasing the total rate of external sales of external U.S. Government Debt to $500 Billion per year during the 2010 to 2012 period.

Group Oil - Select ( Selected by the U.S. Treasury for tracking as a group ) Oil Exporting Countries:
Oil exporters include Ecuador, Venezuela, Indonesia, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar,
Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria.

Group Bank- Select ( Selected by the U.S. Treasury for tracking as a group ) Off Shore Banking Countries:
Caribbean Banking Centers include Bahamas, Bermuda, Cayman Islands, Netherlands Antilles, Panama and British Virgin Islands.


15 Nations - Individual Countries owning less than 50 Billion each in U.S. Debt that the U.S. Treasury tracks individually, but would not show up on graph individually - Ordered by Decreasing Size of Investment: Turkey, Philippines, Israel, Chile, Poland, Colombia, Australia, Sweden, Italy, Netherlands, Spain, Malaysia, Denmark, South Africa, and Peru.