Cayman Islands and US Debt

The seventh largest holder of US government debt is The Cayman Islands. It only has a population of about 67,000 people, but they have $253 billion of US debt. They must all be very rich. It works out to about $3.7 million dollars per person. but the per capita income is only about $50,000 a year. I guess they are clever investors. Or it’s Chinese money and illegal money, the result of opaque tax avoidance strategies. #china #economy #caymanislands #tax #Investment #USDebt #treasuries