US Debt Is Near $1,000,000 Per American
#1

The US Debt Is Near $1,000,000 Per American: Where the Money Went and Why It Matters to You

 https://finance.yahoo.com/news/us-debt-n...24462.html

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#2

NUKE CHINA and no one is left to collect debt
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#3

(04-10-2024, 07:47 PM)grotesqueness Wrote:  NUKE CHINA and no one is left to collect debt

Use your sai to nuke ah?  Rotfl
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#4

You believe?  This is either AI generated rubbish or the writer failed his maths. US has a national debt of about 34 trillion and it has 340 million pple.  So the 34 trillion/340 million=100,000. 

The 34 Trillion included not only public debt (includes foreign debt) but also Federal Treasuries and intergovernmental debt such as various government funds which r not not really debts    The lattercould b included 4 accounting purposes. The public and foreign debt in 2021 wad only 96% of GDP.


Quote:In December 2021, debt held by the public was estimated  at 96.19% of GDP, and approximately 33% of this public debt was owned by foreigners (government and private).[10]

https://en.m.wikipedia.org/wiki/National...ted_States

"the devil is attacking you and not your argument because he is  weak”
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#5

(04-10-2024, 07:47 PM)grotesqueness Wrote:  NUKE CHINA and no one is left to collect debt

Social Security and Medicare trust funds under unfunded liabilities

.aier.org › article › debt-and-unfunded-liabilities
Debt and Unfunded Liabilities | AIER
Feb 5, 2024When conversations come up regarding government debt, the focus is usually on the national debt. The $34 Trillion national debt (not to mention the $80 trillion in unfunded obligations from Social Security and Medicare) is crucial to understand, but that often means debts incurred by state and

owe to all their citizens, not to foreigners.

CPF Medisave things,
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#6

(04-10-2024, 07:47 PM)grotesqueness Wrote:  NUKE CHINA and no one is left to collect debt

Long ago should nuke yr mother and wouldn't have u loud mouth Laughing


Smile
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#7

(04-10-2024, 09:24 PM)Niubee Wrote:  Long ago should nuke yr mother and wouldn't have u loud mouth  Laughing

He care only for Tw, he does not care about Us lah. 

To him If the whole world have to die for Tw, is worth it.
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#8

(04-10-2024, 09:05 PM)revealer Wrote:  You believe?  

You are too naive!

Go and look at US debt clock and search for answer!  Laughing nudie Fundance Laughter-144
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#9

downsizinggovernment.org › medicare-and-social-security-are-responsible-100-percent-us-unfunded-obligations
Medicare and Social Security Are Responsible for 100 Percent of US ...
Mar 20, 2024Medicare and Social Security funding shortfalls comprise 100 percent of the total unfunded obligation. As shown in Figure 2 below, over the next 75 years, Medicare and Social Security's funding shortfalls will amount to $78.3 trillion, which is $5.1 trillion more than the total unfunded obligation.

if do not believe above site, should trust their govt site?

treasury.gov › reports-statements › financial-report › mda-unsustainable-fiscal-path.html
Financial Report of the United States Government - Management
Table 7 summarizes amounts reported in the SOSI, showing that net social insurance expenditures are projected to be $78.4 trillion over 75 years as of January 1, 2023 for the open group, an increase of $2.5 trillion over net expenditures of $75.9 trillion projected in the FY 2022 Financial Report. 24 The current-

But have to say it would not imploded,
as spread out inside the budget for next 75 years.

Any cut of spending will however impact Us and world consumption habit.
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