Not a good way to live..
January 2023, the five countries owning the most US debt are Japan ($1.1 trillion), China ($859 billion), the United Kingdom ($668 billion), Belgium ($331 billion), and Luxembourg ($318 billion).Apr 4, 2023
Handouts are #1. They call them Stimulus? another thought I have is how Social Security was set up for the workers retirement and the came SSEye… original purpose… workers would provide for their own future economic security through taxes paid while employed. Right now we pay benefits to about 64 million people including retirees, children, widows and widowers. Latest $795.26 Billion was distributed. Venice’s spend available budgetary resources by making financial promises called obligation. Hire an attorney to breakdown this down….
interestin g how can we owe Luxembourg and Belgium
answering your question about China yes… Why after Covid…