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Domestic Ownership of U.S. Government Debt Passes $11 Trillion

Posted by Mr.Copper @ 14:00 on September 9, 2014  

National Debt today is $17,763,332,227, minus the $6 trillion, comes to…$11,763,332,227 for the Americans. In a sense, owing it to, and paying interest to, fellow Americans is far better than owing and paying to foreigners.

But on the OTHER hand, if the US tax PAYER is not being able to pay off the debt, and there was a default, then the more we owe to foreigners the better, no? Just being practical. 🙂

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.