The most important lesson I learned in economics long ago is the idea that any country's national debt is money owed to it's own citizens. That debt was taken on ostensibly for the needs of that nation. I.E. the citizens. The only question then, is what did that debt do for YOU. What is your ROI?
Also, I'm bad at social media and have no idea how to turn this into a single thread.
I still haven’t figured it out 😂 I figure knowing how to add an emoji is enough for me.
So when you see trillion dollar debt numbers, don't think of that $$ as owed to some other country, think of it as owed to you personally. Also, if your country isn't paying everyone what is owed, then it's time to be loud and call in that debt. You are owed much more than what has been received.
If trillions of dollars were owed to other countries or groups of already rich people, they would be calling in that debt. They wouldn't be demanding further tax breaks that equal a smaller percentage of what they were owed they would want the whole ledger cleared ASAP, and would be loud about it.