America’s Debt Crisis Could Be Worse than That in Greece Archives

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America’s Debt Crisis Could Be Worse than That in Greece

Now for a truly frightening fact they are not telling you: The U.S. government itself is currently underwriting a large portion of that debt. Manuel estimated that around $4.6 trillion, or a little over 25%, of the national debt is in the form of intergovernmental holdings; that is, it is owed by one government agency to another.