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The USSA has been bankrupt since 2005, the common folks just don't know it yet. Look for your IRA's, the real low hanging fruit, to be confiscated by putting them into the "safety" of treasuries, now with a negative return. Look for a "bail-in" where your bank seizes the funds that you thought were yours.Nationalize the debt and take the oil fields that WE constructed. They'd be bankrupt. That's one way to balance the budget.
About 65% is owned within the USSA, the largest holder being the Social Security Administration at 16%. The Federal Reserve (a private company) owns 13%. Sounds like one of those shell games. Of the foreign owned debt, China and Japan are about even at 7%.a pittance compared to the trillions in national debt held by americans...if you own a t-bill or a savings bond...if you have a bank account in a major bank...if you have a retirement account...you are literally a part owner of the national debt...beyond the taxes you pay going to debt service (interest payments, not principal)...some people throw around the idea of defaulting on the debt and ruining china, or saudi arabia or others...the problem is the vast majority of the debt is held by americans...
About 65% is owned within the USSA, the largest holder being the Social Security Administration at 16%. The Federal Reserve (a private company) owns 13%. Sounds like one of those shell games. Of the foreign owned debt, China and Japan are about even at 7%.
Buy Gold and Silver, have faith