HAS CHINA DEFEATED THE UNITED STATES?

[hounddoghowlie]

Why does this video come to mind?





America will not be taken over by combat. We will just walk slowly, and willingly into that abyss.

Just like we did with COVID lock downs and vaccine lines.

Just a thought.

watched the video and wanted to find out just how much U.S. debt is owned by foreign governments. i always knew that the majority of debt was owed to U.S. citizens, in the form SS, Pensions and Treasury bonds/ notes. 

what i didn't know was the how the shell game is played. 

take social security just one of others, according to the link i'm gonna post. they take in more than they need to pay their debt to citizens or what have you for others. so they take the excess and buy treasury notes. instead of refunding the money.

it also turns out that japan owns more of our debt than china, not much more but they are the ones holding the most right now.

The Bottom Line
Many people believe that much of U.S. debt is owed to foreign countries like China and Japan. The truth is, most of it is owed to Social Security and pension funds. This means U.S. citizens, through their retirement money, own most of the national debt.

U.S. national debt is the sum of these two federal debt categories:

• Public debt, held by other countries, the Federal Reserve, mutual funds, and other entities and individuals
  
  
• Intragovernmental holdings, held by Social Security, Military Retirement Fund, Medicare, and other retirement funds
  
  Link: Who Owns The U.S. National Debt