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Re: economy - Debt - or is it really?



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Hmmm... I wonder who the government is going to tax so they can pay me?
--- DS

TheGonch at MediaKat wrote: 
> funny, no one ever says whom
> this debt is owed to?> 
> Kohath
> 
> It's is owed to 'you', through pension funds for your retirement,
> insurance companies to pay out on life insurance, zeroes held to pay for
> college, Treasury Bills held by corporations in which you hold stock.
> Thru direct and indirect means, the American people are the main holders
> of Treasury debt.
> 
> That is why I feel there is not enough attention paid to the relatively
> small percentage of debt held abroad. This fraction (I think someone
> here stated 13%, but I admit I don't have a figure handy) is the part
> without the 'owing money to myself' effect.
> 
> Regards
> DanG

-- 

Douglas