Thursday, August 13, 2026

Talking_Debt

 https://www.msn.com/en-ca/money/economy/america-owes-trillions-here-s-who-holds-the-us-debt/ss-AA22Uw4W#image=1

https://www.visualcapitalist.com/ranked-countries-with-most-government-debt-in-2026/

Its a fascinating topic, to me at least: the National Debt being held by various countries. 

Because what it does, through the agency of interest on the debt, is syphon off government

revenue from taxes. For the US, that is $1 trillion every three months. Credit Card debt gone 

wild, as it were.

                                                                             *     *     *

Got curious about holdings by the US  Reserve, and the Bank of Canada on our own debt...

https://copilot.microsoft.com/shares/ztjkt23v4brd6Dr8HKWC3

                                                                             


https://copilot.microsoft.com/shares/dRTsHRvEYgGG2sCR66x3v

                                                                                      


This debt is not so bad because the profits generated by these institutions on these holdings 

get returned to the government!

                                                                             *     *     *

https://copilot.microsoft.com/shares/4Xn77GargAztJhQ6iotpt

https://copilot.microsoft.com/shares/AydZcM5qpDXkxBFp9J2eW

Outrageous!!

https://copilot.microsoft.com/shares/tt3AQqNvQgCDC9TJqo9Wz


No comments: