Quote from: Drewski on February 22, 2016, 09:44:07 PM

Quote from: Anddos on February 22, 2016, 07:12:22 PM

It America is so great, then to whom is it in debt to? That's curious. Or are they in debt amongst themselves? Which would be the funniest thing ever.

They issue debt, in the form of T-bills, which others can buy. The two biggest are actually China and Japan. If you have mutual funds, you most likely have some in your portfolio as it's viewed as a very safe investment.

Everybody knows that America is in debt to China because they borrowed so much from them and has not paid them back yet from previous debts yet.
Will they ever pay them back? I very much doubt it. Undecided