Comments by "D W" (@DW-op7ly) on "'We Did It—Congratulations': David Schweikert Decries US Reaching $35 Trillion In National Debt" video.

  1. The US “People” are the biggest holders of that US Sovereign Debt either (directly or indirectly)
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  2.  @SeleneDing that printed up/ Quantitative Easing money does not disappear. The US Treasury printed it up The US FED our most of it on its balance sheet. Where in 2017 to 2019 months hey dumped about 50 to 60 billion of it a month on basically the American people who are the biggest holders of that Sovereign debt (directly/indirectly) But that stopped in 2019 because that selling helped to seize up the repo/credit markets This forcing the FED to buy back all the debt it dumped and more Long story short… all that debt/printed money… they are going to have to pawn it off on you the American people eventually
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  3.  @SeleneDing  ​​⁠that printed up/ Quantitative Easing money does not disappear. The US Treasury printed it up The US FED put most of it on its balance sheet. Where from 2017 to 2019 the FED dumped about 50 to 60 billion of that debt per month. Back onto basically the American people who are the biggest holders of that Sovereign external debt (directly/indirectly) But that stopped in 2019 because that selling helped to seize up the repo/credit markets Thus forcing the FED to buy back all the debt it dumped and more Long story short… all that debt/printed money… they are going to have to pawn it off on you the American people eventually
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  4.  @avarmauk  ouch
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  5.  @JimmyJenkinJohnson  The American “people” hold the most of that external US Sovereign Debt…. either directly/indirectly Some people argue that is really just internal debt Or there are “collective action clauses” these days (Where a holdout minority of creditors can’t hold up a debt restructuring deal on a Sovereign debt default where the majority of creditors have already agreed to a debt restructuring deal That is just assuming the majority of class action happy American “people”/biggest creditors buyers of that debt are going to let the US Government default/$creeew them over for 26 to 27 trillion of dollars and growing
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  6.  @hightv9718 not unless you want to sell off parts of America
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  7. Why not Eventually this will all come crashing down, mights as well give yourself a UBI and Healthcare until when the sheeet actually does hit the fan
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