Who does the US Owe its $35 Trillion debt? (National Debt Explained)

The US is in a lot of debt. Currently, the country owes $28.2 trillion dollars. But… who would even lend them that much money? Who does the US owe this massive sum!?

Well, the answer to that is pretty simple. In large part it owes itself that much money… but there’s also quite a few other countries it owes too.

Hate my video and just want the answer? Here's the breakdown:

33% US Investors
12% Federal Reserve
27% US Government
28% Foreign Investors & Governments

Media:

Strange Stuff

[geraldhoward]

The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback.Their economies are in worse condition than the US... if that's even possible. Someone is going to be left holding the bag.

[CameronFussner]

Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.

[encinobalboa]

By my math, 31Tr divided by US population of 330M is about 93, 000 per capita. If they would allow me to pay off my portion of the national debt in exchange for not paying taxes ever again, I would take the deal.

[skaracaesar]

"It's not that we have this money lying around to send to Ukraine. We borrow this money from China to send to Ukraine", Republican Senator Ron Paul.

[ohyeahyeah-xtzr]

It's funny how they keep calling it a debt ceiling when they keep raising the ceiling.

[jagervolant]

So basically it’s fake money, and the crooks are completely in charge of it. Got it. What could go wrong. 😂

[HodgeChris]

I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300, 000, yielding almost no gains for quite some time.

[PatrickLloyd-]

The U.S. economy relies on ongoing credit and debt generation for sustenance. The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American. Meanwhile, foreign nations continue to desire the U.S. dollar, despite their own economies facing significant challenges, some even worse than that of the U.S. This situation raises concerns about who will ultimately bear the consequences of these economic dynamics.

[bill]

Good on you for not stretching this out to a 20 min exploratory dissertation. Making this concise reaches a lot of people to realize this important issue.

[SgtRock-crsh]

The U.S. is actually paying $5000 a SECOND in interest on this debt.That is unbelievable!

[marksherrill]

I’m afraid operating in a negative will continue until the government is insolvent. Congress spends as if they are drunk.

[JosePiusV]

Appreciate your videos! I’m 54 and younger generations should know there’s no shortcut to acquiring wealth, but there are ways to go about it. Fellow millionaires don’t tell the poor/middle class they need the knowledge of finance coaches to help build their wealth. If anyone here needs a good coach, here’s it..

[johnlennon]

I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to pay bills so I can quit my job or should force early retirement. All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market? We have a 13% RPI rate so cash is tough.

[gregfeatherston]

The fact that they never taught us this in school just confirms that school is an absolute joke you literally dont learn anything useful

[rabuanmantine]

In a world of delusion and confusion raising the debt ceiling is celebrated as victory

[ralphflores]

There is no way we can pay it back because as soon as we have the money to pay it off some wiseguy is going to figure out how to spend it or steal it ...

[wooddawg]

The central banks are who they owe the money to. In America, it's called the federal reserve which is actually a privately owned institution. The central banks control nearly all of the debt in the US which is broken among a few families of the world.

[MamieEvans-dpsc]

I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.

[VAMobMember]

I think we are well past the point where we could even theoretically pay off our debt, in short we are already bankrupt

[westcoast]

It's been less than a year since this video and we owe 30.5 trillion dollars so NO we do not plan on paying the debt off but increase it. The sad part is bad government brings on more debt not less .