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Author Topic: Here’s who owns a record $21.21 trillion of U.S. debt  (Read 1369 times)

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Offline endicom

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Here’s who owns a record $21.21 trillion of U.S. debt
« on: August 22, 2018, 01:01:45 pm »
Market Watch
Jeffry Bartash
Aug. 21, 2018

Americans own 70% of U.S. debt, but China, Japan loom large



Who owns the huge and growing U.S. national debt? By and large, Americans.

Some 70% of the national debt is owned by domestic government, institutions investors and the Federal Reserve. A shade under 30% is owned by foreign entities, according to the latest information from the U.S. Treasury.

More... https://www.marketwatch.com/story/heres-who-owns-a-record-2121-trillion-of-us-debt-2018-08-21?mod=MW_section_top_stories
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Offline IsailedawayfromFR

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Re: Here’s who owns a record $21.21 trillion of U.S. debt
« Reply #1 on: August 23, 2018, 01:27:28 am »
You can take the US govt and Federal Reserve and put into a single category entitled "US taxpayers".

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Online Bigun

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Re: Here’s who owns a record $21.21 trillion of U.S. debt
« Reply #2 on: August 23, 2018, 01:37:56 am »
Great post @endicom !
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Offline INVAR

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Re: Here’s who owns a record $21.21 trillion of U.S. debt
« Reply #3 on: August 23, 2018, 02:08:38 am »
Let's spend a couple trillion or four trillion more!,  Let's party man! Trump is prez!  MAGA!  Run them presses!  Run 'em!
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Fart for freedom, fart for liberty and fart proudly.  - Benjamin Franklin

...Obsta principiis—Nip the shoots of arbitrary power in the bud, is the only maxim which can ever preserve the liberties of any people. When the people give way, their deceivers, betrayers and destroyers press upon them so fast that there is no resisting afterwards. The nature of the encroachment upon [the] American constitution is such, as to grow every day more and more encroaching. Like a cancer, it eats faster and faster every hour." - John Adams, February 6, 1775

Offline endicom

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Re: Here’s who owns a record $21.21 trillion of U.S. debt
« Reply #4 on: August 23, 2018, 02:35:33 am »
Quote from: INVAR on August 23, 2018, 02:08:38 am
Let's spend a couple trillion or four trillion more!,  Let's party man! Trump is prez!  MAGA!  Run them presses!  Run 'em!


Better yet, let's not trash every thread with your obsessive, repetitive drivel.

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Offline Free Vulcan

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Re: Here’s who owns a record $21.21 trillion of U.S. debt
« Reply #5 on: August 23, 2018, 02:45:21 am »
It's all fun and games till the interest payments suck your treasury receipts dry.
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Offline INVAR

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Re: Here’s who owns a record $21.21 trillion of U.S. debt
« Reply #6 on: August 23, 2018, 03:03:01 am »
Quote from: endicom on August 23, 2018, 02:35:33 am

Better yet, let's not trash every thread with your obsessive, repetitive drivel.

Obsessive repetitive eh?

You mean like lauding a man as national savior while he and his party are charging and spending trillions upon trillions in debt on our national credit card while you people continue to crow about the need to vote for the same idiots and party because you people think they are going to stop doing it??

That kind of obsessive repetitive?

Wash, rinse, repeat?

I know, I know, just like the Democrats, you so-called "Conservatives" don't want to hear anything unless it's praise and accolades for your guy in the White House.
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Fart for freedom, fart for liberty and fart proudly.  - Benjamin Franklin

...Obsta principiis—Nip the shoots of arbitrary power in the bud, is the only maxim which can ever preserve the liberties of any people. When the people give way, their deceivers, betrayers and destroyers press upon them so fast that there is no resisting afterwards. The nature of the encroachment upon [the] American constitution is such, as to grow every day more and more encroaching. Like a cancer, it eats faster and faster every hour." - John Adams, February 6, 1775

Offline Frank Cannon

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Re: Here’s who owns a record $21.21 trillion of U.S. debt
« Reply #7 on: August 23, 2018, 03:58:35 am »
Quote from: Free Vulcan on August 23, 2018, 02:45:21 am
It's all fun and games till the interest payments suck your treasury receipts dry.

Exactly......then we roll the guillotines out and balance the books. There is no downside here.
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