Debt ceiling: Which countries own the most US debt?
Defaulting on foreign debt could be the most destructive outcome of a failure to raise the debt ceiling, plunging the world into another financial crisis wh
Debt ceiling: Which countries own the most US debt?
- Thread starter NorthernHawkeye
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And your take on this is?Debt ceiling: Which countries own the most US debt?
Defaulting on foreign debt could be the most destructive outcome of a failure to raise the debt ceiling, plunging the world into another financial crisis when.as.com
Lol, the national debt is a problem, but I always chuckle a bit at the world is on fire sentiment in the headlines. The can will get kicked like it always does.
I chuckle when I think about the fact that our fine fiscally conservative GOP members only care about the debt ceiling when there's a Democrat in the White House.
100%. Political grandstanding by both sides. The Rs will cave at the last minute, IMO.
Hopefully. They've f@cked up with their brinksmanship in the past.
As sure as the sun rises in the morning the R's will NOT cave.
It's a wonder McCarthy was able to get the votes for what has already been passed.
The meeting tomorrow will be interesting. McCarthy will basically say he can’t get anything else passed, slimmy chucks S will attempt to play hardball and the turtle will remain silent.
The vegetable in chief will be thinking about pudding or ice cream while yellon explains the problem to him.
Agree, the system is broken. They "both sides" only care about being re-elected instead of controlling spending.
Nice hockey stick starting in 2010Debt ceiling: Which countries own the most US debt?
Defaulting on foreign debt could be the most destructive outcome of a failure to raise the debt ceiling, plunging the world into another financial crisis wh
Japan is the largest creditor with a little over 3%.....there is no large foreign ownership of US debt.
Yep, that's the problem we have never paid for our sins and punted away. We are insolvent. With interest costing as much as SS, Medicare and Military we are done for and point of no return. Look for high inflation to continue for another decade.
US owns 2/3 of it's own debt. Not sure there is enough collective will to call in the US debt and tank the global economy.
Yes there is. Japan is just one country. But if you want to be consistent with how you use statistics, just post your 3% rule as a minimum standard for whatever you are arguing. Of course you are also ignoring how bonds and T-bills get sold (at auction). What happens to rates if the demand is low?
