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Lv 4
? asked in Politics & GovernmentPolitics · 1 month ago

If every country is in debt, including China and US, who are the debts owed to?

2 Answers

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  • ..
    Lv 5
    1 month ago

    Individuals/investment companies buy Government bonds/securities that pay interest.

  • 1 month ago

    Financial wizards have the ability to make worthless bits of paper appear valuable -- until someone realises the fact --- then they rapidly become just worthless bits of paper .

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