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US national debt exceeds $39 trillion (twitter.com)

posted 34 days ago by SophiesBoyfriend 34 days ago by SophiesBoyfriend +48 / -0

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– LandoNorris 4 points 34 days ago +4 / -0

The extremely simplified answer is: bond holders. The govt doesn’t have money so they sell a bond for X amount of money and agree to repay X + Y interest.

The bond holders are everyone from regular American citizens to foreign govts and investors.

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