National debt

Forums The W&J Show – General National debt

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    trav66
    Participant
    none
    Who do we owe and when is it due, and what happens when it does come due, if it ever does………come due?
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      Jed
      Participant
      US
      I think it’s mostly in bonds. So whoever holds the bond owns a portion of the debt. It comes due on the bond maturity date. Don’t quote me on this.
      “You can’t expect to wield supreme executive power, just ‘cause some watery tart threw a sword at you” -Dennis
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      Jed
      Participant
      US
      “You can’t expect to wield supreme executive power, just ‘cause some watery tart threw a sword at you” -Dennis
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        trav66
        Participant
        none
        Jed, great article, very informative!  It’s complicated for sure but it sounds to me the fed is like a drunk at a craps table using social security money then borrowing (or printing) more for “just one more roll”!  Thanks for the link!
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      Appalachia Guy
      Participant
      US
      In a few decades our kids will just renege on the national “debt”
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      Appalachia Guy
      Participant
      US
      just spend spend spend. who cares, it will never be paid by our descendants. trust me, this all hyperbole. blah blah blah. Would you pay it if you were them?
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