Foreign Ownership of Government DebtThe global financial oligarchy owns the government debt of the countries within the U.S.-led imperialist system of states. In 1960, four per cent of the Canadian government debt was held by foreign investors. From 2009-2010 to 2013-2014, the amount of the debt held by foreign investors passed from 15 per cent to 27 per cent with a peak of 30 per cent in 2012-2013. This compares with percentages of foreign investors from the global financial oligarchy holding debt in most of the G7 countries. In 2013-2014 foreign ownership of government debt was 64 per cent in France, 65 per cent in Germany, 48 per cent in the United States, 33 per cent in Italy, 29 per cent in the United Kingdom, and 8 per cent in Japan. (Source: Wikipedia)
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