There are different kinds of deficits. That list is GDP - everything produced in a year. The US will not be obliged to - and obviously could not - pay off that deficit in one year.
China has the largest foreign currency reserves but its GDP is lower and its per capita income much, much lower.
There are different kinds of deficits. That list is GDP - everything produced in a year. The US will not be obliged to - and obviously could not - pay off that deficit in one year.
China has the largest foreign currency reserves but its GDP is lower and its per capita income much, much lower.