42 Countries Owe $385 Billion to China
(humanevents.com)
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I'm really fuzzy on who it is exactly we owe ~$6T to. As far as I can find out the whole fucking world is in debt. This is the worst Monopoly game ever.
Steady, you are in grave danger of discovering how the racket works!
Imagine only you can print/create money and you create $1000. You can lend that to the government and start charging interest.
The following year the government could owe you $1010 but how could you ever pay back that last $10? It does not exist. You can't sell anything to raise the cash because there is only the original $1000 in existence. So the amount owed will just increase for ever over time. No wonder these rich bankers are so rich.
"I never lose when I am the "banker"..." My Monopoly strategy,stolen as a youngster from the Rothschild's.