Here’s Why Americans Will NEVER Pay Back Their Debt! U.S. Debt Hit RECORD High!
We are always told that there can be a virtually unlimited amount of debt as long as it is “manageable” $20 trillion in debt? No problem. It’s manageable. A few years from now we’ll say $40 trillion in debt? No problem. Still manageable. Let’s take a look at why this is just a fairy tale that we’ve been told.
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How Did America Go Bankrupt? Slowly, At First, Then All At Once!!!
https://econimica.blogspot.ca/2018/02/how-did-america-go-bankrupt-slowly-at.html
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Is it possible for people to continue to go further into debt? If so, by how much? If people go further into debt, is there a point at which it will snap? Or is the amount of debt "manageable"?
So who is the debt owed to?
Debt is always owed to the central bankers. They print the money and loan at interest.
I always thought the Chinese owned a large slice of the debt ?
I know the central bankers create a situation where a debt economy is in place and would certainly "own" a large slice, maybe even most of it but I'm sure the Chinese and possibly even other nations are involved too.
I wonder if the Vatican owns any of the debt or if there is any way to map it out and see where it's going or being funnelled through ?
It's a complicated situation.
Foreign countries do own this debt, for sure. But whatever currency they're measured in, eventually that is owed back to that particular central bank.
Not much solid information about the Vatican is known. Too many assumptions. But for sure, they're a major controlling force on earth.
National debt is not meant to be repaid, it will keep building until it can't be serviced and then the system will be reset again. The problem is personal debt, it won't be reset.
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