I knew about the Japan point. Then again, this is from govt statistics and we know how the govt manipulates numbers. Also, using how much they hold as a percentage is one of those manipulations to make it seem smaller when our debt is just too high. This is what the right does on military spending when they use it as a precentage of GDP. This is also, why CPI, GDP, employment numbers and when there's a recession, depression or recovery runs counter to people's personal and business experiences.
“The power to declare war, including the power of judging the causes of war, is fully and exclusively vested in the legislature.” ~ James Madison, Father of the Constitution
“We do not believe in aggressive or preventive war. Such war is the weapon of dictators, not of free democratic countries like the United States.”~ Truman, Sept 1, 1950