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Economy

jmbar2

(6,865 posts) Mon May 12, 2025, 08:12 PM Monday

Who owns the world's debt? 11 min video that explains how the US debt actually works

This is worth watching

2 replies

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Who owns the world's debt? 11 min video that explains how the US debt actually works (Original Post) jmbar2 Monday OP

If you have a US savings bond drmeow Monday #1

If you have a retirement account.. jmbar2 Monday #2

drmeow

(5,584 posts)

1. If you have a US savings bond

Reply to jmbar2 (Original post)

Mon May 12, 2025, 09:03 PM

Monday

you hold part of the national debt. If you have funds in a bond mutual fund, you own a variety of state debt. When you vote on a "bond" issue, you are voting on whether the entity (city, county, state) can borrow money (go into debt) by issuing bonds.

jmbar2

(6,865 posts)

2. If you have a retirement account..

Reply to drmeow (Reply #1)

Mon May 12, 2025, 10:00 PM

Monday

you are probably making money on the debt.

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