World Debt increase

[HI Bill]

Was thinking the same thing. Who does the world (earth) owe this money to?

Mostly the bond holders and the banks who lend money. Remember Puerto Rico!

 

[NW-Bound]

According to modern monetary theory it all works out - until it doesn't.

Funny, though, for all the naysayers, we still seem to be doing it. We ‘re just calling it something else.

I cannot help it, so all I can do is to enjoy it while it lasts.

 

[marko]

Mostly the bond holders and the banks who lend money.

So someone has a vested interest in keeping those payments coming.

 

[racy]

Mostly the bond holders and the banks who lend money. Remember Puerto Rico!

But, Puerto Rico doesn't have a Federal Reserve.