Wednesday , 27 October 2021

Economy

Which Entities Own Most of the U.S. National Debt?

…The following chart indicates…[the extent, in percentage terms, to which various] entities have loaned money to the U.S. government…[and, as such,] their share of the U.S. national debt as of 30 September 2021. This post by Lorimer Wilson, Managing Editor of munKNEE.com, is an edited ([ ]) and abridged (…) version of an article by Ironman for the sake of clarity and length to ensure a fast and …

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What Will Happen If (and probably when) the U.S. Debt Bubble Bursts? (+17K Views)

The madmen who are responsible for the coming economic disaster continue to behave as if they can manage to avoid it. Violating Einstein’s definition of insanity, they continue to apply the same poison that caused the problem. These fools believe they can manage complexities they do not understand. The end is certain, only its timing is unknown, and, once interest rates begin to rise, and they will, it's game over so it begs the questions "How much longer this can possibly go on?" and "What will happen to the U.S. and the world when it does?"

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