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Yeah like ChinaBad Dog wrote:A large portion of the US government debt is owned by Foreign Governments, the rest is owned by US Banks, the Federal Reserve, state and local governments, mutual funds, pensions funds, insurance companies, and savings bonds.
zoom rader wrote:Yeah like ChinaBad Dog wrote:A large portion of the US government debt is owned by Foreign Governments, the rest is owned by US Banks, the Federal Reserve, state and local governments, mutual funds, pensions funds, insurance companies, and savings bonds.
Usa is really a ponzi scheme
88sins wrote:when the US government enters into contractual agreements with entities such as lockheed martin or HII for example, or any of their many other major defense contractors, you think they use a debit card at a checkout counter?
when the gov't issues treasury bills & other instruments, other than those issued to/acquired by other countries, where you think the majority of the rest goes?
Stop talking what you don't know. Go read a book.SuperiorMan wrote:88sins wrote:when the US government enters into contractual agreements with entities such as lockheed martin or HII for example, or any of their many other major defense contractors, you think they use a debit card at a checkout counter?
when the gov't issues treasury bills & other instruments, other than those issued to/acquired by other countries, where you think the majority of the rest goes?
Your utter ignorance really showing here.
The US debt isn't owed to corporations like military contractors like you said. The debt is owed to bond holders. They get paid back based on the terms of the bond such as a percentage of interest for however much years. Bonds are retired all the time. New ones issued all the time. So new debt just funds repayment of the old debts.
The national debt of United States of America is in the form of Treasury Bonds. These are paid back all the time.
The biggest single holder of US bonds is the US Social Security Administration, and the majority of bonds are owned by US citizens and US companies.
The US is such a stable economy that its bonds are issued at very low interest rates. Therefore they actually occasionally makes money on its debt when the rate of inflation is higher than bond interest rates.
So in other words and this might be hard for you to understand.....a country's debt isn't really like personal debt at all.
wtf wrote:Stop talking what you don't know. Go read a book.SuperiorMan wrote:88sins wrote:when the US government enters into contractual agreements with entities such as lockheed martin or HII for example, or any of their many other major defense contractors, you think they use a debit card at a checkout counter?
when the gov't issues treasury bills & other instruments, other than those issued to/acquired by other countries, where you think the majority of the rest goes?
Your utter ignorance really showing here.
The US debt isn't owed to corporations like military contractors like you said. The debt is owed to bond holders. They get paid back based on the terms of the bond such as a percentage of interest for however much years. Bonds are retired all the time. New ones issued all the time. So new debt just funds repayment of the old debts.
The national debt of United States of America is in the form of Treasury Bonds. These are paid back all the time.
The biggest single holder of US bonds is the US Social Security Administration, and the majority of bonds are owned by US citizens and US companies.
The US is such a stable economy that its bonds are issued at very low interest rates. Therefore they actually occasionally makes money on its debt when the rate of inflation is higher than bond interest rates.
So in other words and this might be hard for you to understand.....a country's debt isn't really like personal debt at all.
I don't take advice from a Feminist.SuperiorMan wrote:wtf wrote:Stop talking what you don't know. Go read a book.SuperiorMan wrote:88sins wrote:when the US government enters into contractual agreements with entities such as lockheed martin or HII for example, or any of their many other major defense contractors, you think they use a debit card at a checkout counter?
when the gov't issues treasury bills & other instruments, other than those issued to/acquired by other countries, where you think the majority of the rest goes?
Your utter ignorance really showing here.
The US debt isn't owed to corporations like military contractors like you said. The debt is owed to bond holders. They get paid back based on the terms of the bond such as a percentage of interest for however much years. Bonds are retired all the time. New ones issued all the time. So new debt just funds repayment of the old debts.
The national debt of United States of America is in the form of Treasury Bonds. These are paid back all the time.
The biggest single holder of US bonds is the US Social Security Administration, and the majority of bonds are owned by US citizens and US companies.
The US is such a stable economy that its bonds are issued at very low interest rates. Therefore they actually occasionally makes money on its debt when the rate of inflation is higher than bond interest rates.
So in other words and this might be hard for you to understand.....a country's debt isn't really like personal debt at all.
If you had any level of education beyond your housekeeper job then you would have taken more than 2 minutes you took to respond after I posted it, to actually read what I said, understand it and to make a logical rebuttal. But I guess that's asking for too much.
wtf wrote:I don't take advice from a Feminist.Screenshot_20211208-173224.jpgSuperiorMan wrote:wtf wrote:Stop talking what you don't know. Go read a book.SuperiorMan wrote:88sins wrote:when the US government enters into contractual agreements with entities such as lockheed martin or HII for example, or any of their many other major defense contractors, you think they use a debit card at a checkout counter?
when the gov't issues treasury bills & other instruments, other than those issued to/acquired by other countries, where you think the majority of the rest goes?
Your utter ignorance really showing here.
The US debt isn't owed to corporations like military contractors like you said. The debt is owed to bond holders. They get paid back based on the terms of the bond such as a percentage of interest for however much years. Bonds are retired all the time. New ones issued all the time. So new debt just funds repayment of the old debts.
The national debt of United States of America is in the form of Treasury Bonds. These are paid back all the time.
The biggest single holder of US bonds is the US Social Security Administration, and the majority of bonds are owned by US citizens and US companies.
The US is such a stable economy that its bonds are issued at very low interest rates. Therefore they actually occasionally makes money on its debt when the rate of inflation is higher than bond interest rates.
So in other words and this might be hard for you to understand.....a country's debt isn't really like personal debt at all.
If you had any level of education beyond your housekeeper job then you would have taken more than 2 minutes you took to respond after I posted it, to actually read what I said, understand it and to make a logical rebuttal. But I guess that's asking for too much.
SuperiorMan wrote:
Your utter ignorance really showing here.
The US debt isn't owed to corporations like military contractors like you said. The debt is owed to bond holders. They get paid back based on the terms of the bond such as a percentage of interest for however much years. Bonds are retired all the time. New ones issued all the time. So new debt just funds repayment of the old debts.
The national debt of United States of America is in the form of Treasury Bonds. These are paid back all the time.
The biggest single holder of US bonds is the US Social Security Administration, and the majority of bonds are owned by US citizens and US companies.
The US is such a stable economy that its bonds are issued at very low interest rates. Therefore they actually occasionally makes money on its debt when the rate of inflation is higher than bond interest rates.
So in other words and this might be hard for you to understand.....a country's debt isn't really like personal debt at all.
88sins wrote:SuperiorMan wrote:
Your utter ignorance really showing here.
The US debt isn't owed to corporations like military contractors like you said. The debt is owed to bond holders. They get paid back based on the terms of the bond such as a percentage of interest for however much years. Bonds are retired all the time. New ones issued all the time. So new debt just funds repayment of the old debts.
The national debt of United States of America is in the form of Treasury Bonds. These are paid back all the time.
The biggest single holder of US bonds is the US Social Security Administration, and the majority of bonds are owned by US citizens and US companies.
The US is such a stable economy that its bonds are issued at very low interest rates. Therefore they actually occasionally makes money on its debt when the rate of inflation is higher than bond interest rates.
So in other words and this might be hard for you to understand.....a country's debt isn't really like personal debt at all.
Actually InferiorMinded, the largest single entity domestic holder of US T-bills is actually the federal reserve at about30%, not private citizens and companies. And I got no clue or care as to where you got the idea that someone was comparing national debt to personal debt, because I never indicated that they were similar.
That being said, I have no reservations in informing you that I have made a personal pledge many years ago, to never engage in debates with idiots.
So, that being the case, you're gonna have this dialogue all by your onesies.
wtf wrote:Like I said don't pay attention to SuperiorGirl.
He delusional and don't know what he talking about.
He trying to sound smart on things he don't understand.
Just ignore the Feminist and move on.
88sins wrote:wtf wrote:Like I said don't pay attention to SuperiorGirl.
He delusional and don't know what he talking about.
He trying to sound smart on things he don't understand.
Just ignore the Feminist and move on.
I leave them to their illusions and delusions.
Is not my wuk to care about what who feel they know, or to convince them of anything.
hover11 wrote:Leaders now soft AF yes. Gone are the days where war just breaks out now is just rumours of war
Bad Dog wrote:It's all about the gas from Nordstream2 and the wealth and influence it will bring to Russia...the US of A and the Ukraine is very concern that Western Europe will become dependent on gas from Russia and cuts off the revenue that Ukraine earns from Nordstream 1 which runs through Ukraine and Central Europe. The US of A and Israel wants to supply gas to Europe from stolen gas from the Middle East (US stealing from Iraq and Syria) and Israel stealing gas from Lebanon and new fields discovered off the coast of Gaza.
hover11 wrote:Leaders now soft AF yes. Gone are the days where war just breaks out now is just rumours of war
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