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Who really owns the National Debt in 2019?

Business, Politics, U.S., WorldBy The7November 18, 2019Leave a comment

When we ask ourselves who really owns the national debt in 2019, most will answer China. This is because the coverage by the television media groups leaves a strong impression that China owns most of the debt. This in fact is not true. In fact, foreigners as a whole only own 29% of the publicly…

How much is the National Debt in 2019?

Business, Politics, U.S.By The7November 18, 2019Leave a comment

So how much is the national debt in 2019? It is in excess of an overwhelming $23 trillion ($23,000,000,000,000) and counting. Yes, that is a lot of zeros to get to twenty three trillion dollars. To put this number in perspective however, let’s see how we got here over time. Ancient History Treasury’s records only…

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