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Treasury bonds held by government agencies such as Social Security is not debt held by the public, but the debt owed to US citizens now and in the coming days far exceeds Treasury bonds held by these agencies. Seriously projected, the national (government) debt is multiple times that shows on the debt clock.
When someone can manipulate global stock markets, who cares the nation's economy?
I Never wanted $ just a place to live ????
Governments need to be held accountable for crimes against humanity. Stealing 151 billion a week & still cant pay the bills.
37 trillion and climbing?
Hip hip hooray! ????????????????????????????????????????????????????????????
???? don't worry, donlard Trump will save you ????
Tariffs on major creditors would seem to set the stage for bad long term planning. 90 day loans might be the default. Who's your Daddy?????
We have a nice money printer with new toner ????
That debt is someones asset. Think about that. It’s bonds in your portfolio.
No one likes taxes, while every one likes government money and services. Can’t have both and be fiscally prudent.
BRICS NATIONS ??????????????????????????????????
Weird I am not an economist however, a basic reasoning would lead to some conclusions. If we bring GDP to debt level, US is broke … and it is obvious, the US debt will never be paid back to lenders. So when they buy US debt lenders give US free money. So US feeds on other countries wealth and work. To ensure it will not stop, US requires to misbalance the rest of the world so the system continues for ever, or until they is no countries powerful enough to change this state of affairs. If we continue that path, only one conclusion will come to mind … and it is sad.
The Question is! Who are we in debt to?