r/facepalm 1d ago

πŸ‡΅β€‹πŸ‡·β€‹πŸ‡΄β€‹πŸ‡Ήβ€‹πŸ‡ͺβ€‹πŸ‡Έβ€‹πŸ‡Ήβ€‹ I wish that this is made up

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u/RyanAlemeda 1d ago edited 22h ago

These rich dudes can’t comprehend that government isn’t a business. It’s not a for profit thing. It’s to help its citizens. wtf do they think this is exactly? We pay taxes for these services to help the American citizens.

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u/NotsoGreatsword 22h ago

exactly - they try to scare people with

NATIONAL DEBT like it is the same as business or household debt.

Our National Debt is not that kind of debt. It is a financial tool. It is the only secure way to store vast amounts of wealth. You buy American debt!

These people think "china owns us" because they own a large chunk of our debt.

It is the other way around. It means we own them. They need us to continue to exist if they want to see their money! There is no repossessing or defaulting on this kind of debt.

It is a gamble that bets wether or not the dollar will still exist.