lol China is not fucking around. Trump is about to enter the “Find out” phase.
this post was submitted on 17 May 2025
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Who are the top bagholders?
The American taxpayer.
Well well well, if it isn't the consequences of our own actions
Yep. Most people don't know most of our debt is held by US citizens, which is actually beneficial sometimes. The government gets to spend money now and then they pay these people, with interest, in the future. Ideally they spend that internally, promoting more growth. As long as there's growth it's a positive effect.
However, this post (not the comment above) specifies foreign debt holders. For some reason the media only talks about this, not domestic holders, I guess because it sounds scary.
One reason it's important is because changes in the amount of dollars outside of the US changes the value of the US in exchange of other currencies. As long as the debt is USD-denominated, the US government can always pay it back with the result of the USD value changing (probably depends on volume, speed, and many other variables).
Japan (1.13T) and then UK (750B)
https://economicsinsider.com/top-15-largest-us-treasury-holders/
Thanks. Feel kind of sorry for the Japanese that they have to work 12 hours a day. Only for their government to throw the money into the world's worst Ponzi scheme.
Keep going China.
That was before Trump's war
Wonder what the numbers will be next month
China calling in our debt.