Who owns US national debt?

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. The nation’s debt climbed to a record $21.21 trillion at the end of June, a 6.9% increase from a year earlier. Feel free to get yourself introduced to Asian cultures 

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2 minutes ago, Joanna said:

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. The nation’s debt climbed to a record $21.21 trillion at the end of June, a 6.9% increase from a year earlier. Feel free to get yourself introduced to Asian cultures 

or we could just print money and turn into Venezuela.

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1 minute ago, Stephen said:

or we could just print money and turn into Venezuela.

Reactivate executive order 11110. JFK intended to pay off the debt with US notes that bear 0% interest but was assassinated 

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6 minutes ago, Joanna said:

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. The nation’s debt climbed to a record $21.21 trillion at the end of June, a 6.9% increase from a year earlier. Feel free to get yourself introduced to Asian cultures 

ummm...that 70% includes PRIVATE investors, not just institutions.

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9 minutes ago, Sefko Trafikant said:

just interesting stuff to know so I can start learning new languages.

http://ticdata.treasury.gov/Publish/mfh.txt 

Didn't Trump criticize Obama for the debt? And promised to lower it

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Just now, Meanwhile said:

Didn't Trump criticize Obama for the debt? And promised to lower it

that's because Obama spent it on silly things like health care, instead of corporate tax cuts.

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8 minutes ago, Joanna said:

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. The nation’s debt climbed to a record $21.21 trillion at the end of June, a 6.9% increase from a year earlier. Feel free to get yourself introduced to Asian cultures 

 

The debt is a reflection of each of us. As individuals we spend more than we earn.

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Just now, Hajga Loma DK said:

 

The debt is a reflection of each of us. As individuals we spend more than we earn.

true that

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13 minutes ago, Sefko Trafikant said:

just interesting stuff to know so I can start learning new languages.

http://ticdata.treasury.gov/Publish/mfh.txt 

Not a big surprise that Luxembourg and Cayman islands made it to the top ten. I wonder who are those individuals  

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2 minutes ago, 李伟王芳 said:

Not a big surprise that Luxembourg and Cayman islands made it to the top ten. I wonder who are those individuals  

I wonder who owns the U.S. government agency debt that is some $9 trillion dollars of debt? There was an article in Bloomberg saying that Japanese investors, for example, have shifted from buying U.S. Treasury bonds to buying U.S. government agency bonds and corporate bonds.

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15 minutes ago, 李伟王芳 said:

Screen Shot 2018-08-22 at 11.29.32 AM.png

truth isn't truth

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Buy your kids a shoe shine kit and learn to say please and thank you in Chinese

Is your answer.

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1 hour ago, Meanwhile said:

Didn't Trump criticize Obama for the debt? And promised to lower it

Yes and just before that Obama criticized Bush and promised to lower it.......

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58 minutes ago, TXPower said:

Yes and just before that Obama criticized Bush and promised to lower it.......

then my guess Bush went after Clinton

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Just now, Joanna said:

then my guess Bush went after Clinton

I just hope that the next one will criticize Trump and that it will not be Trump

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Most people don't stop to break down the U.S. Federal Debt and whether or not it is manageable, so I like to pull out this old Forbes article from way back in November, 2017, which gives some different perspective.

 

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The truth is, the national debt is one of the easiest scare tactics, for both political parties in the U.S., to pull out when necessary to make people believe they need to get rid of the current politicians and put in the other party/candidate (reverse as necessary depending on which party is in the majority at the time).  Don't let yourself fall victim to political scare tactics out of hand.  Do the research, just like we all should do for other "facts" presented by people with something to gain from us, and find out what the facts are.  At least then we can make informed arguments.

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(edited)

On ‎8‎/‎22‎/‎2018 at 9:33 AM, JohnAtronis said:

Reactivate executive order 11110. JFK intended to pay off the debt with US notes that bear 0% interest but was assassinated 

He was also assassinated on November 22 which is like 11 11 11 like 33 or 6. Kennedy=33 in full reduction 3+3=6. JFK was shot at 12:30 P.M. 1+2+3=6. He was shot in Dallas which is on the 32nd parallel north 3x2=6. Dallas has six letters. Kennedy=666 reverse Sumerian gematria. John F Kennedy was born in 1917, 1+9+1+7=18 and 6+6+6=18. JFK was the 35th president and 3x5=15 and 1+5=6. Oswald who shot JFK has six letters in his last name and 15 total letters in his name and 1+5=6. Lee Harvey Oswald shot JFK from the Texas School Book Depository located at 411 Elm Street 4+1+1=6, and Oswald shot from the 6th floor. Texas School Book Depository=114 full reduction. Also Robert Kennedy was assassinated on June, 6 1968 so 6-6-1968 and 1+9+6+8=24 and 2+4=6 so ends up like 6-6-6.

Edited by Jesse Man

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