38.7 Trillion Dollars – Do You Know Who Holds the Reins of America's Finances? 🇺🇸💸
This number is mind-boggling: the U.S. national debt has reached $38.7 trillion.
Who does America owe all this money to? The truth is, its creditors are split between domestic and foreign holders:
• Domestic (70%) – Yes, Americans themselves are the largest creditors to their own government! Pension funds, banks, ordinary citizens, and even Social Security own government bonds. It's like paying your partner out of your own pocket.
• Foreign (30%) – Chief among them is Japan (~$1.2 trillion), followed by China, the UK, and other countries that invest their surplus funds in U.S. Treasury bonds.
The bottom line: America owes the world, but it owes itself even more. As the debt continues to balloon, savvy investors are seeking value-preserving havens – gold, scarce assets, bitcoin – in anticipation of the repercussions from endless dollar printing.
Are we facing a reshaping of the global financial system?
