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PoindexterOglethorpe

(25,841 posts)

8. Perhaps.

Reply to Yavin4 (Reply #7)

Tue Dec 19, 2017, 11:58 PM

Dec 2017

But that number really feels like the claim that China owns most of U.S. debt, which simply isn't true.

In fact, doing a bit of online research shows that foreigners don't own anywhere near that much.

Just type into the Google: How much U.S. stock is foreign owned. And see for yourself.

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Did Chris van Hollen just say that 48% of stock owned by foreign investors? So $ goes abroad? [View all] lostnfound Dec 2017 OP

Yes, a few years down the road. elleng Dec 2017 #1

yes he did say that.... chillfactor Dec 2017 #2

Trumps Tax Plan Gives $520 Billion to Wealthy Foreigners at the Expense of American Middle Class greyl Dec 2017 #3

A huge percentage of US currency is abroad, too. GreenEyedLefty Dec 2017 #4

That, I believe, is strongly tied to the drug trade. PoindexterOglethorpe Dec 2017 #6

Somehow I doubt that 48% of all stock is owned by foreign investors. PoindexterOglethorpe Dec 2017 #5

Well, there are a lot of sovereign wealth funds out there. Yavin4 Dec 2017 #7

Perhaps. PoindexterOglethorpe Dec 2017 #8

Money as well as Stocks are Wellstone ruled Dec 2017 #9

Its only 27% but yeah, a good portion of the tax breaks for funds not repatriated go to foreig uponit7771 Dec 2017 #10