Quote:
Originally Posted by beguilingeyes
These assholes will never pay off the TRILLIONS they are racking up.
And if anyone comes a calling for the money, they will look at them and say " We can have 10 nukes in your 10 biggest cities in 30 minutes. Shall we talk about the payment plan I like. "
And the Fed loves to just get their interest payments of fake money. Those in charge of the Fed lust for power not wealth.
|
not going to happen. first of the 3 major components of the debt, intergovernment borrowing, US held debt by US companies and investors and foreign held debt the smallest is foreign held debt. by far. of the 30 trillion in debt less than 5 trillion tops is held by foreign nations.
the top five holders total only about 3.5 trillion. only Japan and China hold over 1 trillion each and just barely.
they are
1. Japan
Japan is the largest holder of U.S. debt, with $1,304 billion in Treasury holdings as of December 2021, beating out China as the largest holder of U.S. debt.2
2. China
China gets a lot of attention for holding a big chunk of the U.S. government's debt and for good reason, given its rapidly expanding economy. China takes the second spot among foreign holders of U.S. debt with $1,068 bllion
3. United Kingdom
The United Kingdom has increased its holdings in U.S. debt to an eight-year high December 2021 to $647 billion.
4. Ireland
As of December 2021, Ireland holds $334 billion in U.S. debt, which is 4% of foreign debt
5. Luxembourg
Luxembourg is the fifth-largest holder of U.S. debt among foreign countries. As of December 2021, Luxembourg holds $323 billion in U.S. Treasuries
https://www.investopedia.com/article...st-us-debt.asp
first, debt can't be dumped unless it is held for one year regardless of the yield term which is typically 5 years or 10 years to reach maturity. after 1 year then it can be sold on the market, of course if you do that on a 5 or 10 year yield you are barely making back your principle investment with little to no yield. and that is if someone will buy it.
the next largest block is intergovernmental borrowing about 6.5 trillion. the GOV is not going to call that in, probably ever. it represents the intentional overspending by Congress given revenue brought in. unless it becomes a federal crime to spend more than is brought in the assholes in Congress will happily keep overspending on pork barrel bullshit. you can bet on that!
so given 6.5 trillion the GOV loans itself and about 5 trillion at the most being generous held by foreign nations the vast majority of the debt is held by US investors. companies, investment houses like hedge funds and investment funds and even uber wealthy private citizens like Warren Buffet.
that amount is about 18.5 trillion.
so less than 1/3 total is either GOV lending to itself and foreign nations. almost 2/3 nearly 20 trillion is owned by US investors.
if nothing else this should stop any fretting about "foreign nations own too much US Debt" because they really don't own much at all. 5 trillion is being generous. the top 5 only owns 3.5 trillion. who cares about another trillion and change owned by a bunch of small fry nations?
