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Started By
Message
re: Breakdown of to whom the US owes its $22T debt
Posted on 2/13/19 at 9:41 am to Eli Goldfinger
Posted on 2/13/19 at 9:41 am to Eli Goldfinger
Damn those Brazilians
Where’d they even get $2T?
Where’d they even get $2T?
1
Posted on 2/13/19 at 9:41 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
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
Pretty much.
While not justifying it by any means, and agree we should work to reduce it, we owe ourselves 71.1% of that debt ($15.642 trillion) and, guess what, we aren't about to call it in on ourselves.
Also, except for China, the remaining major holders of our debt rely on our swinging dick military to protect them from Russia and China, so they're not about to frick around either.
Posted on 2/13/19 at 9:42 am to Loserman
I’m going strictly by what is on the middle of the graph my man.
Do you see a Trillion or a Billion? That is a pretty significant error no?
Do you see a Trillion or a Billion? That is a pretty significant error no?
Posted on 2/13/19 at 9:43 am to Eli Goldfinger
Thanks you mathematically challenged career politicians. We owe this current financial situation to all you teat suckers in DC that can't add and subtract. 
Posted on 2/13/19 at 9:43 am to GRTiger
If you say here is a graphi of where we spent 22.5 T. Your graph may want to say Trillion
This post was edited on 2/13/19 at 9:46 am
Posted on 2/13/19 at 9:44 am to bmy
quote:
Republicans in 2019:
national debt is essentially irrelevant
Literally no one has said that.
Posted on 2/13/19 at 9:45 am to gthog61
quote:
Where’d they even get $2T?
We should just tell them to frick off and we can use that money to build a big beautiful wall around the entire continental US.
Posted on 2/13/19 at 9:47 am to bmy
(no message)
This post was edited on 2/13/19 at 9:48 am
Posted on 2/13/19 at 9:48 am to Eli Goldfinger
How many countries are we indebted to that we give foreign aid?
Posted on 2/13/19 at 9:50 am to RockyMtnTigerWDE
I see
Which is $21,516.10 x 1,000,000,000 = $21,516,100,000,000
or
$21.5161 Trillion
quote:
$21,516.1 Billion
Which is $21,516.10 x 1,000,000,000 = $21,516,100,000,000
or
$21.5161 Trillion
Posted on 2/13/19 at 9:52 am to The Rodfather
I know. I am spending way too much time on a bad joke. Lol
Just being a smart arse and trying to give MAGA credit for killing our debt in two years.
Just being a smart arse and trying to give MAGA credit for killing our debt in two years.
Posted on 2/13/19 at 9:53 am to bamarep
quote:
I'm gonna need a more thorough breakdown of that dark blue category.
I would think most of that is to mutual funds of one sort or another.
Banks and and money market dealers hold a big portion, especially of newer issues.
And individuals. You could go down to the FRB and make a non-competitive bid for a new debt issue. Give them cash for at least $10,000 and you can get a TBill, Note or Bond.
Lots of commodities margin is made up of treasuries.
Posted on 2/13/19 at 10:05 am to Eli Goldfinger
People should be in jail over the 2nd biggest liability.
Posted on 2/13/19 at 10:11 am to bmy
The exact opposite for Democrats. What's the point?
Posted on 2/13/19 at 10:20 am to Eli Goldfinger
Federal Reserve nearly 11%, what a fricking scam the American people allowed in 1913, there should have been riots. 
Posted on 2/13/19 at 10:30 am to RTM4
quote:
This really makes you wonder, who are the individuals and entities that are here in the USA? No wonder there is a deep state.
Anyone that has ever bought a savings bond. My four year old niece has a few, I don't think she is part of the deep state.
Posted on 2/13/19 at 10:33 am to Eli Goldfinger
Why doesn't anyone ever show an equity chart?
Posted on 2/13/19 at 10:34 am to Eli Goldfinger
quote:
Other countries do owe us money.
This is no problem (in theory) if the receivables are greater than the payables.
Posted on 2/13/19 at 10:46 am to Schmelly
quote:
Why is it no one owes us money
A lot of countries owe the United States money. Lol.
Posted on 2/13/19 at 10:52 am to boosiebadazz
quote:
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.
You clearly don't understand how the credit/debt market works.
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