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To: SeekAndFind

Social Security owns 16% of the National Debt ( http://www.forbes.com/sites/mikepatton/2014/10/28/who-owns-the-most-u-s-debt/ ) I wonder how this will play out if they are determined insolvent,


8 posted on 05/09/2015 11:06:37 AM PDT by marsh2
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To: marsh2
"Social Security owns 16% of the National Debt ( http://www.forbes.com/sites/mikepatton/2014/10/28/who-owns-the-most-u-s-debt/ ) I wonder how this will play out if they are determined insolvent,"

As a contrast:

* The amount owed China is 8.0% of our national debt.

* Japan just slightly passed China in the amount we owe them.

So... It looks like the amount owed SS is about the same we owe China and Japan.

Just print more money, eh?

15 posted on 05/09/2015 11:14:41 AM PDT by blam (Jeff Sessions For President)
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