Why the hell is this our problem exactly ? It's so ridiculous that the US has be the world's police and piggy bank; while at the same time being ripped off, hated by everyone, and being $33,000,000,000,000 in debt. Let these people solve their own problems.
It's amazing how politicians in DC can always set aside their differences in order to spend (squander) other people's money, so long as they get their piece.
Since moral character no longer exists, we really need to just start tax payer funded bribes. We could spend a fraction of the money wasted to just pay off these politicians(leeches) to NOT screw us over, stop making war, and stop giving our money away.
All US "debt" is in Treasury bills, T- bills for short. These are essentially bonds. The US Treasury prints these bonds (basically IOU'S) to the Federal Reserve and the Reserve allows the Treasury to print the equivalent amount of cash. The T-bills are sold to investors as a fixed interest bearing instrument. These have been considered guaranteed interest bearing notes that 401k's, equity firms, countries with volatile currency, etc to safely store their money as a portion of their investment portfolio. The primary holders of T-bills are mostly US citizens through their retirement accounts. A percentage of retirement investment accounts have some portion of their savings in T-bills to counter balance volatility of the markets. China and Japan are the two largest foreign investors of T-bills. About 7 trillion in total is owned by foreign nations. https://www.statista.com/statistics/246420/major-foreign-holders-of-us-treasury-debt/. Neither China nor Japan hold over a trillion of these securities.
Why the hell is this our problem exactly ? It's so ridiculous that the US has be the world's police and piggy bank; while at the same time being ripped off, hated by everyone, and being $33,000,000,000,000 in debt. Let these people solve their own problems.
It's amazing how politicians in DC can always set aside their differences in order to
spend(squander) other people's money, so long as they get their piece.Since moral character no longer exists, we really need to just start tax payer funded bribes. We could spend a fraction of the money wasted to just pay off these
politicians(leeches) to NOT screw us over, stop making war, and stop giving our money away.$33,000,000,000,000 in debt to who, exactly?
All US "debt" is in Treasury bills, T- bills for short. These are essentially bonds. The US Treasury prints these bonds (basically IOU'S) to the Federal Reserve and the Reserve allows the Treasury to print the equivalent amount of cash. The T-bills are sold to investors as a fixed interest bearing instrument. These have been considered guaranteed interest bearing notes that 401k's, equity firms, countries with volatile currency, etc to safely store their money as a portion of their investment portfolio. The primary holders of T-bills are mostly US citizens through their retirement accounts. A percentage of retirement investment accounts have some portion of their savings in T-bills to counter balance volatility of the markets. China and Japan are the two largest foreign investors of T-bills. About 7 trillion in total is owned by foreign nations. https://www.statista.com/statistics/246420/major-foreign-holders-of-us-treasury-debt/. Neither China nor Japan hold over a trillion of these securities.