The US Public Debt

The US Public Debt was $21.5 trillion in 2018. This was up from $18.2 trillion in 2015, and $16.4 trillion in 2012.

In 2018, Foreign ownership was 29% of that total, or $6.2 trillion. In 2015, Foreign ownership was 34%, or $6.1 trillion.

Of this $6.2 trillion in 2018, China held 21%, Japan 19%, and oil-exporting nations 3%.

Please post addressing the following questions about foreign ownership.

1. How does the fact that 29% of the debt is held by foreigners make you feel?
2. What are potential risks or pitfalls with foreigners owning an increasing amount of the US Debt?
3. How concerned should we feel? Give a rating on a scale of 1 to 10, with 0 = no concern and 10 = extremely concerned. Provide an explanation to support your rating.