Okay Ratty, I know you will probably make fun of me for this, but with our government spending 2 trillion today, when we are already hopelessly “in debt”,
I have been trying to figger out: in debt to whom? Who is our lender?
And what I’ve gleaned so far is, mos’ly : the American public. So, um, I know I must be missing sump’n, but: if you spend your own money earlier than you expected-yeah, so what? What is all this crap about “our children and grandchilden”? Let ‘em get their own $$$$. I mean why not? Seriously, wealth is always something created, not consumed.
Then, there are also foreign holders of our debt. In this order: China( 😱) Japan, Brazil (😳) , the U.K.
So could they,like, repossess our country?
What, exactly, COULD they do?