What is national debt? To whom do we owe it exactly ?

4
570 followers

The world governments owe $60 trillion . Who exactly is that ? We don't owe to "Aliens" ( maybe yes:).


Login
Create Your Free Wealthy Affiliate Account Today!
icon
4-Steps to Success Class
icon
One Profit Ready Website
icon
Market Research & Analysis Tools
icon
Millionaire Mentorship
icon
Core “Business Start Up” Training

Recent Comments

2

Great question, Leonard,
It is owed to citizens, other governments and businesses. In the case of the USA, we owe about two thirds of it to investors that hold treasury bonds, treasury notes and other government securities. The rest is owed to government entities, suppliers, etc. from the social security trust fund to guys who mow the grass on capitol hill.
https://en.wikipedia.org/wiki/National_debt_of_the_United_States

Some of this isn't public information, so yes, the aliens may hold a few trillion of it...

I think we owe Aliens...they look like us but in fact, they are aliens:).

See more comments

Login
Create Your Free Wealthy Affiliate Account Today!
icon
4-Steps to Success Class
icon
One Profit Ready Website
icon
Market Research & Analysis Tools
icon
Millionaire Mentorship
icon
Core “Business Start Up” Training