The United States of America has an estimated foreign debt of over 2.5 trillion dollars. "The debtors can be the government, corporations or private households. The debt includes money owed to private commercial banks, other governments, or international financial institutions such as the IMF and World Bank...
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The debt includes money owed to private commercial banks, other governments, or international financial institutions such as the IMF and World Bank. Generally foreign debt is classified into four heads i.e. (1) public and publicly guaranteed debt, (2) private non-guaranteed credits, (3) central bank deposits, and (4) loans due to the IMF...
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