China only owns about 8% of the US debt

[tinman01]

Only??????

[Indentured Servant]

Originally Posted by Memphis1979

So why are we so concerned about China? Social security owns more US debt than any other one agency or country. Lets just make sure that stays solvent.

Uhhhh.....it does not make sense to owe "Yourself". You cannot owe yourself. So ignoring what "we owe ourselves"........then china makes up a much larger percentage of the REAL debt.

[EinsteinsGhost]

Originally Posted by oz in SC

And now we just keep borrowing more and more,to pay off the interest we owe....

We just need one more fix and we will be good....

Now?

I'm in my mid-30s and know better than to say "and now".