[enumerated]

Foreign central banks aren’t buying them - that’s why.

Someone needs to buy up our $37 Trillion of debt.

[Right_Wing_Madman]

Someone needs to buy up our $37 Trillion of debt.

Somebody already bought the $37 trillion in debt. Domestic creditors (including the Fed) hold about 75% of the debt, and foreign creditors hold 25%. The US Treasury has two problems:

- They can't find enough buyers for new debt.
- They can't find enough buyers to replace bonds that mature.

[delta7]

Someone needs to buy up our $37 Trillion of debt.
————-
Good Luck, more than $$$ 8 trillion ( some say $11 Trillion) comes due by the end of the year…..and there are fewer buyers each day…..the US snake is now eating it’s tail.

Exactly how all 4,000 paper currencies in history have ended. I expect the US to be no different….NOT the end of the world, trade and commerce must always continue….with the world’s Wealth moving from the West to the East, it validates
just another cycle shift.

[ComputerGuy]

...Someone needs to buy up our $37 Trillion of debt...

We do carry a certain amount of baggage, don't we?

[Bobbyvotes]

Correct senor! $37,000,000,0000,000 is held in Treasury bonds which mature anywhere from few months to 30 years. When a bond matures someone needs to buy that bond, otherwise FED sucks it in with electronic wizardy. National debt is NOT JUST A NUMBER. It requires servicing in the form of interest paid via federal budget. Currently it is running about $1 Trillion per year. If foreigners are not buying our bonds, those interest rates will creep up. In the meanwhile Americans are loading up on stocks, which are more over valued than at the high point in 1929 before the crash. Depression followed. Even gold crashed during depression in 1930’s since few had cash to buy gold.