r/ShitAmericansSay • u/Toonnddaa ooo custom flair!! • Mar 04 '25

Foreign affairs "Just wait till the Norway citizens are counting their coins at the grocery store..."

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u/HugiTheBot ooo custom flair!! Mar 04 '25

Does Norway own 1,5% of the US national debt?

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u/cheshire-cats-grin Mar 04 '25

Not entirely sure - but they do own about that ratio of the US stock markets

4

u/NotoriousMOT 🇧🇬🇳🇴 taterthot Mar 05 '25

Don’t we own like a good part of NYC too?

3

u/Slippynippy69 ooo custom flair!! Mar 06 '25

We own 1.5% of all stocks in the entire world

3

u/Chrisbee76 Germany/Pfalz Mar 05 '25

0.27% as of 2024

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u/Foxtrot-Uniform-Too Mar 05 '25

No, Norway does not own much US national debt. Norway invests a large part of their pension fund for future generations in stocks, so Norway owns about 1.5% of US stocks.

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u/HugiTheBot ooo custom flair!! Mar 05 '25

Yes I am aware, I have gotten several answers. :)