- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Breakdown of to whom the US owes its $22T debt
Posted on 2/13/19 at 9:22 am
Posted on 2/13/19 at 9:22 am
Who is downvoting this?
This is the least provocative post possible.
This post was edited on 2/13/19 at 9:47 am
16
Posted on 2/13/19 at 9:24 am to Eli Goldfinger
If you owe the bank $1 million then the bank owns you. If you owe the bank $100 billion then you own the bank 
If you also back up the above with the most powerful military machine to ever grace the planet then your national debt is essentially irrelevant.
If you also back up the above with the most powerful military machine to ever grace the planet then your national debt is essentially irrelevant.
This post was edited on 2/13/19 at 9:25 am
Posted on 2/13/19 at 9:24 am to Eli Goldfinger
Why is it no one owes us money but we hand the shite out like candy on Halloween?
Posted on 2/13/19 at 9:26 am to Schmelly
Other countries do owe us money.
Posted on 2/13/19 at 9:26 am to Eli Goldfinger
But everyone keeps saying China owns us and China can bankrupt us whenever they want. How can this be?
Posted on 2/13/19 at 9:27 am to Eli Goldfinger
Interesting graph, thanks for posting Eli.
I wish it was interactive where it would show you the increase by year for each segment of the pie.
I wish it was interactive where it would show you the increase by year for each segment of the pie.
Posted on 2/13/19 at 9:30 am to Eli Goldfinger
Based on the graph, roughly 2/3 to 3/4 of the debt is to ourselves.
Literally, WE can go deeper in debt to payoff the foreign debt. Like using a cash advance on one credit card to pay another card if need be. Not only that...since we set the rates on the debt issued we can do it at zero interest! (and of course the Dems would tax it still so everyone's happy)
Literally, WE can go deeper in debt to payoff the foreign debt. Like using a cash advance on one credit card to pay another card if need be. Not only that...since we set the rates on the debt issued we can do it at zero interest! (and of course the Dems would tax it still so everyone's happy)
Posted on 2/13/19 at 9:30 am to Eli Goldfinger
Posted on 2/13/19 at 9:31 am to boosiebadazz
quote:
Republicans in 2015:
national debt is the single greatest threat to this country and will cause blood to run in the streets
quote:
Republicans in 2019:
national debt is essentially irrelevant
Posted on 2/13/19 at 9:31 am to boosiebadazz
quote:
If you owe the bank $1 million then the bank owns you. If you owe the bank $100 billion then you own the bank
Considering 71% of that is owed to US citizens and institutions, that statement means the US government owns us, despite being built on the theory that we own the government.
Less than ideal.
Posted on 2/13/19 at 9:33 am to Eli Goldfinger
So the graph has a major error or our debt has gone down a shitload under Trump.
Posted on 2/13/19 at 9:33 am to Eli Goldfinger
Thanks for posting this. I really never knew who we owed all of our debt to and always heard it was the Chicoms.
This really makes you wonder, who are the individuals and entities that are here in the USA? No wonder there is a deep state.
This really makes you wonder, who are the individuals and entities that are here in the USA? No wonder there is a deep state.
Posted on 2/13/19 at 9:34 am to Eli Goldfinger
I'm gonna need a more thorough breakdown of that dark blue category.
Posted on 2/13/19 at 9:35 am to RockyMtnTigerWDE
quote:
So the graph has a major error or our debt has gone down a shitload under Trump.
I think I know what you're talking about, but I'll let you clarify before I assume.
Posted on 2/13/19 at 9:35 am to Brosef Stalin
It’s hyperbole.
China owns a bunch of US treasury bonds, but it can only dump those bonds to a US-approved buyer. So basically China owns low interest IOUs that they can’t do much with.
China owns a bunch of US treasury bonds, but it can only dump those bonds to a US-approved buyer. So basically China owns low interest IOUs that they can’t do much with.
Posted on 2/13/19 at 9:37 am to bamarep
It’s only 21.5 Billion dollars of debt. What breakdown is needed? Hell, Cali wasted 77B on a railway that will never be.
Or am I showing how dumb I am?
Or am I showing how dumb I am?
This post was edited on 2/13/19 at 9:38 am
Posted on 2/13/19 at 9:38 am to RockyMtnTigerWDE
quote:
It’s only 21.5 Billion dollars of debt
I assumed right.
It's 21,500 billion, or 21.5 trillion.
Posted on 2/13/19 at 9:38 am to bmy
It is still the single greatest threat to our stability and long term prosperity. That didn’t magically change under Trump and won’t change under whoever comes next.
Posted on 2/13/19 at 9:38 am to Eli Goldfinger
We can easily just blow up the Fed, China, and Japan.
I just saved us 20%
I just saved us 20%
Posted on 2/13/19 at 9:40 am to RockyMtnTigerWDE
quote:
It’s only 21.5 Billion dollars of debt
You are missing 3 pretty significant zeros
Page 1 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News