Just How Much U.S. Debt Does Saudi Arabia Own?

Just How Much U.S. Debt Does Saudi Arabia Own?

Assessment

Interactive Video

Business

University

Hard

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The video discusses OPEC's US Treasury holdings, focusing on Saudi Arabia's share and its increase during the oil crisis. It compares these holdings with those of China and Japan, highlighting the secrecy surrounding the true amounts held by Gulf nations. The historical context of this secrecy dates back to the 1970s oil shock, when the US encouraged OPEC nations to buy US Treasurys. A recent congressional debate on allowing US citizens to sue foreign governments, including Saudi Arabia, is also covered, revealing discrepancies in reported asset values.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do central banks of Gulf nations typically manage their holdings?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What discrepancy exists between the reported US Treasurys held by Saudi Arabia and their claimed total assets?

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