For more information, please contactcupola@gettysburg.edu. Quint, Ryan T. (2015) Ambrose Burnside, the Ninth Army Corps, and the Battle of Spotsylvania Court House,The Gettysburg College. Journal of the Civil War Era: Vol. 5, Article 7.
Updated April 17, 2017. The U.S. debt to China is $1.059 trillion, as of February 2017. That's 27.8 percent of the $3.8 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $19.9 trillion national debt is owned by either the American people or by the U.S. government itself.
For example, in 2007, the UK's debt pile was just 44% of GDP compared with 88% last year. This reflects in part the country's large financial sector relative to its overall economy. The US's debt-to-GDP ratio in 2007 was 64%, the same as France and Germany.By contrast, the debt-to-GDP ratio in China and India, which have seen economic slowdowns but no recession, has not moved significantly over the past five years, nor is it set to deteriorate in the next five.Indeed in the case of China, it is set to fall significantly.he US has a total debt pile of almost $17 trillion (Â£10.6 trillion), which is expected to rise to almost $23tn in the next five years.