3 ms·
70% of US debt is owned by American citizens. I do agree with the premise of nobody going to war because they can't afford it. The only caveat I would add would
by frockington1 6y ago
70% of US debt is owned by American citizens. I do agree with the premise of nobody going to war because they can't afford it. The only caveat I would add would that America tends to do pretty well when armed conflicts happen as they supply the world with weapons
Souce: https://www.marketwatch.com/story/heres-who-owns-a-record-2121-trillion-of-us-debt-2018-08-21 https://www.marketwatch.com/story/heres-who-owns-a-record-21...