International debt

you literally will not be able to explain how debt is bad without name calling and refering to bogeymen

debt is way to price in the cost of money via interest rates. Everything as a cost, even money

The public debt is the private wealth/savings
Imagine I'm a bank and you put $ 100 in a savings account. I would owe you $100 (debt). Would a bank go broke because many people put money in savings accounts? No. Debt is good

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not anymore

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The Jews

It's bad because you can never pay it off. It's based on debt, pay debt and the amount of money shrinks.
The people you owed it to never did a single thing but credit you government with the amount on a computer, They then were able to use that to loan out 10x the money (depending on the reserve rate) and they draw interest on the whole 10x.
Not knowing this and repeating the Jew's line, making wrong pronouncement on a subject is the definition of Retard.
Not if you're a central banker. Your country borrows $1. The central banker gets a T-bill for $1, and sells it to a bank (which owns the central bank) The central bank then uses that as reserves, and loans out $1, which ends up on an account in a bank, which loans out that $1 again ... about 10x. They draw interest on that whole 10x amount on the $1. First year, they get their $1 back if it's 10% interest.
Money was created out of nothing, at no cost to the Banks.

How utterly fucking ignorant. not even the basics, just some jewish feel good "it aint the jews" bullshit.
en.wikipedia.org/wiki/Central_bank

Tasmania of course.

Usury is the enslavement of people through financial means.

you pay the jizya to Jewish bankers, who somehow imagine they own the Earth because god says so and it only supports them because god says so, god made them sneaky because everyone loves them and their ways.

Untangle that fucking mess I wrote and we are near to the truth.

This debt is just the amount of money our rulers have already stolen and pocketed, they keep track of it so their account books will balance themselves - otherwise it is of no consequence, they can cancel it or do whatever and nothing will happen because the damage has already been done by retardation of economic growth.
It's like your school bully who "borrows" lunch money from you, feel free to keep track how much he "owes" you.

Well lets get to it then, We wouldnt want them to think we were happy being eternal prisoners to Their Ideals( which is basically us beneath their boots)

That's how it works retard lmao. I didn't even mention any jews. National debt is that money the govt has created, then it is saved again in govt-provided accounts.

The fact that it is private savings means that the account provider (govt) OWES the account holder (business or person) the whole amount of their deposit. (Just like your savings account balance is OWED back to you by your bank.)

here is an actual answer to the actual question (for the U.S.)

countable.us/articles/26355-owns-u-s-national-debt

U.S. individuals and households held 17% of the debt (~$2.7 trillion);
The Federal Reserve held 15% of the debt (~$2.5 trillion);
U.S. mutual funds held 12% of the debt (~$2 trillion);
U.S. financial institutions, pension funds, and state & local governments combined to hold roughly 16% of the debt (~$2.7 trillion);
China and Japan held 14% of the debt between them (~$1.3 trillion & $1 trillion, respectively);
The next eight largest foreign debt holders collectively held about 12% of the debt (~$1.8 trillion);
All other nations collectively held about 14% of the debt (~$2.1 trillion).

marketwatch.com/story/heres-who-owns-a-record-2121-trillion-of-us-debt-2018-08-21

The Chinese government or Chinese investors likely own even more U.S. debt purchased through entities in other countries such as Hong Kong, Luxembourg or the Cayman Islands, all of which are havens for tax shelters.

People who hold government bonds

America isn't in debt cause nobody would know what to do if we weren't here, just admit it you're stuck with U.S. :>

JUDEN!!

*knock knock knock*

hello am chink hello

As these entities have deposited funds in US Treasury accounts, the US Treasury owes deposits back to depositors. With the banking system, that’s simple to settle. When the term reaches maturity and comes due, the Treasury is obligated to zero-out the savings account and transfer the account balance to the bank’s Reserve account at the Fed. Numbers are added and subtracted, basic math. This is an intra-departmental transfer, if you can see Treasury and Fed acting in tandem like two departments in one corporation.

US liabilities balance goes to zero and now the entity owns liabilities of The Federal Reserve bank, which is like their checking account.

Had no idea Japan was more in debt than the US is, relatively.

We aren't more populous than china either. That pic is trash.

>Who do we owe the debt to?

(((Bankers)))

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but that doesn't explain foreign debt holdings, right?

Anyone who is opposed to USA national debt MUST be opposed to the existence of money. Maybe they believe “money is evil”?

If so, be straight about wanting to eliminate money, to have a money-less economy, or to rely on some foreign country’s money instead of our own.

National Debt — T-Notes — is where EXISTING created American dollars are stored, because if the net dollars weren’t created, the reserves to convert to T-Notes wouldn’t exist.

>cancel debt.
This makes no sense,... so I loaned the government money, in the form of a government bond, and then they are just going to not pay me back? What the fuck are you talking about. This would destroy the bind market. People would instantly view government bonds as high risk, everyone who had their money stolen would revolt. For what? So the government can just turn around and give all our tax money, which should have gone to pay back the bonds, and instead, give it to what? Illegal alien transgender studies programs? Holy shit!

Japan's debt is in good standing so there's nothing to worry about. Most debt are government's debt to its people, outside debt isn't that much. So, if the US Dollar falls 50% from the recession, that means the Japanese debt to the US will fall 50%.

>inb4 recession is bad
No. In fact, recession is a godsend, like a downpour of rain from many years of drought, allowing crops to grow again.

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Unironically that's how your compatriots think

If you really cared about your country, you would forgive the debt so everyone would be able to grow equally. YOU, are the thing holding your country back, selfish burger.

You are in debt to other people. Regular people own government bonds. Mostly older retired people who are looking for a safe investment. If you cancel debt, you are stealing money from old people.

So eliminating debt would mean leaving 100% of dollars in reserves, earning no interest, and keeping rates at 0% like during QE. Some may want that.

The complete alternate view would be to set taxes higher than spending, year after year, until every net dollar the USA has created since 1791 has been taken back, drained out of the economy, destroyed.

It should be needless to say, that's not something that can work with capitalism, managing a sharp decline and rapid collapse to zero GDP.

That sounds more like the endgame of Utopian Communism, a money-less society & sharing economy

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If they cared about the country, they would get on board with universal debt forgiveness, so that everyone would be able to grow, not just a selfish few

Usury. One of the major reasons why Jews got kicked out of 110+ countries / places through history.

>Get on board Grandpa! Who cares that you worked your whole life as a carpenter building houses and hospitals, saving for retirement, and putting your money into a government bond for safe keeping. We need all that money you earned in order to pay for this guy over here to have a free house right out of high school. Hes planning to be an artist, and he has a passion for drawing the inside of his dogs vagina. We need to support his dream.

Don't worry about it, it's not important, just go buy that Iphone you dream so much, my go-my friend.

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The United States debt is meaningless as long as we rule the world.

Whenever we need money we print US Treasuries bonds, we print money and we buy the US Bonds from ourselves.

Capitalists. Finance is indebting our governments, and money is doing more for globalism than George Soros ever could.

If you really want to know the truth
Watch this.
>youtube.com/watch?v=Y7MxEWuy46M

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>The United States debt is meaningless as long as we rule the world.

Not for long then.

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Then they should’ve hid it under their mattress instead of giving it to the government lol, fuck boomers.

>put $100 in a savings account
>now the banks owes me $100
>mfw I'm indebting the bank
OMG its collapsing!!

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Jesus fucking Christ, did you ACTUALLY come to Jow Forums for a serious and constructive conversation?!