"By examining US statistics, such as a document called the international investment position, you can find the following figures there: the volume of [international] investments in cash dollars, in deposits in US banks and in US government bonds, that is, instruments with zero or near-zero income, currently amounts to $12.6 trillion," Oreshkin said at the Inventing the Future international symposium.
This sum amounts to the goods and services the US has been consuming, paying for it with its long-term liabilities that do not generate revenue for the rest of the world, he added.