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> Which as we all know from out high school civics class, the debt reckoning is going to happen, and every citizen will be asked to personally pay that debt to
by seanmcdirmid 3y ago
> Which as we all know from out high school civics class, the debt reckoning is going to happen, and every citizen will be asked to personally pay that debt to the debt reaper, and if you can't pay it, it's off to debtor's prison with you, so you'd better be saving past your most recent paycheck, or else.
A lot of this debt is money we lent to the government via past social security surpluses. The other large debtee are other American organizations, only a small part of this debt is held overseas.