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Lincolns debt from the civil war amounts to $346,681,016 and hasn't had a single reduction on principle since 1878. Of course as any note that he printed states this debt is interest free and can not be applied to any interest payment.
The Trillions in debt that they discuss are the National debt. Not the Federal debt.
The Nation is a 14th amendment creation. It did not exist prior to 1868 and subject to the Rule Against Perpetuities. The creators had their lifetime plus 21 years 9 months allotted and anything that survives that period is a charitable trust.
I view the National debt as a donation to this charitable trust. People are very generous.
Every try to get money back from the Red Cross or Salvation Army?
pbs.org: U.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic
jec.senate.gov: U.S. Deficit Decreases 2.8 Percent to $1.8 Trillion in FY2025Quote:
Oct 23, 2025
In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of debt on America’s balance sheet.
It’s also the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic — the U.S. hit $37 trillion in gross national debt in August this year...
The U.S. hit $34 trillion in debt in January 2024, $35 trillion in July 2024 and $36 trillion in November 2024.
investopedia.com: U.S. Debt by President: Dollar and PercentageQuote:
October 20, 2025
[I]n FY2025, net outlays were $7.010 trillion, a 3.91 percent increase from $6.746 trillion in FY2024, and net receipts were $5.235 trillion, a 6.42 percent increase from $4.919 trillion in FY2024. Therefore, in FY2025, spending ended higher than revenues, leading to a $1.776 trillion deficit. This means 25.33 percent of outlays in FY2025 were not paid for by revenues, and for every dollar the federal government received, it spent $1.34.
When Trump started his first term the national debt was 20 trillion, in less than 9 years under the Biden and Trump administrations it has almost doubled with an additional 18 trillion of debt.Quote:
The national debt increased by nearly 40 times under Abraham Lincoln from 1861 to 1865—the largest multiple of increase in U.S. history.
Of those who were president in either the 20th or 21st century, Franklin D. Roosevelt contributed to the largest percentage increase in national debt. Based on total dollar amounts, Joe Biden contributed the most to the national debt, adding $8.5 trillion during his presidency, followed by Donald Trump ($7.8 trillion in his first term) and Barack Obama ($7.7 trillion during his two terms).
washingtonexaminer.com: Trump touts ‘$18 trillion’ of investments in US, blasts Jerome ‘too late’ Powell as ‘incompetent’
firstnational.ca: On the Radar: Will the $9 trillion maturity wall in 2025 force U.S. Treasury yields higher?Quote:
October 29, 2025
“I figure that we’ll probably be at 20 or 21, maybe even 22 trillion dollars of investments coming into our country by the end of the first year of my second term,” Trump said. “We had a tremendously successful first term. We had the strongest economy in history for our country, strongest we ever had. But this is, I think, blowing it away.” ..
I call him Jerome ‘too late’ Powell. He’s always too late,” Trump said to laughter from the audience.
“But he’s out of there in another couple months,” Trump said. “We’ll be very happy about that. We’ll appoint somebody that we all like because we should have the lowest interest rates of any country. Because without us, there are no other countries, really. I mean, the whole thing falls apart. America always had the lowest rates, and now we don’t do that. We’re like 28, it’s ridiculous.”
So now over 9 trillion in existing U.S. Treasury debt must be resold every year, and 2-3 trillion in new debt is added every year.Quote:
May 8, 2025
Roughly $9.2 trillion in U.S. Treasuries—about one-third of all outstanding marketable debt and nearly 30% of U.S. GDP—will mature in 2025, and an estimated 55–60% of it falls due before July. When the Congressional Budget Office adds a $1.9 trillion federal deficit to that stack, gross issuance climbs above $10 trillion—an amount no modern market has absorbed before...
[W]ith so much debt rolling every year, any stumble in demand, or a fresh policy shock, could push borrowing costs up quickly.
Who or what is buying additional trillions and trillions every year of value loosing investment with returns below actual price inflation and with a significant and growing risk of default?
From midnight rambler's post Daily Wire article:
China, the worlds largest economy that re-invested decades of trade surplus in US Treasuries, only accumulated about a trillion in Treasury debt, a total amount about equal to just a few months of NEW debt requirement by the US federal government.Quote:
The combined net worth of the most prominent billionaires in the United States would not be enough to pay a single year’s interest payment on America’s ballooning national debt
ft.com: China’s holdings of US Treasuries fall to lowest level since 2009
The GENIUS Act of making cryptocurrencies backed by some electrons 'stable' buy further backing them with devaluing before defaulting U.S. treasuries has so far only created demand for a month or two of new Federal debt.Quote:
Feb 19 2025
The value of US sovereign debt held by Chinese investors fell by $57bn to $759bn in 2024, data published by the US Treasury on Tuesday showed. This does not include Chinese-owned Treasuries held in accounts in other countries..
China’s reported holdings of Treasuries have fallen by about $550bn since peaking in 2011.
wikipedia.org/wiki/GENIUS_Act
kansascityfed.org: Stablecoins Could Increase Treasury Demand, but Only by Reducing Demand for Other AssetsQuote:
The act requires stablecoins to be backed one-for-one by U.S. dollars or other low-risk assets...
The nonprofit consumer organization Consumer Reports argued the bill does not provide enough consumer protection and allows big tech companies to engage in bank-like activities without being subject to the tougher regulations required of banks
So who or what is absorbing the majority of the trillions of new U.S. treasury debt every year the US federal government requires to avoid bankruptcy and default? Francis Hunt has an explanation in the video below.Quote:
August 08, 2025
Today, the entire U.S. dollar stablecoin market is around $250 billion. However, not all stablecoin issuers’ assets are held in Treasuries.
"Everyman's explanation of the basis trade" at 5:00-12:00. Leveraged hedge funds buy treasuries with 1-2% down, pledging the treasuries as collateral to short the futures market.
Francis Hunt, The Market Sniper, joins Elijah K. Johnson to break down the hidden forces driving U.S. Treasury demand and why much of it may be artificially created through the Cayman Islands and leveraged “basis trades.” He explains how this setup mirrors the systemic risk of subprime and Long-Term Capital Management, setting the stage for another major financial crisis.
Francis also connects these developments to the recent gold and silver pullback, revealing what his charts suggest about short-term bottoms and long-term price targets. He argues that we are still in the early innings of a massive secular bull market in precious metals — with gold far from its top and silver primed for explosive gains once the debt system begins to unravel.
YouTube: Liberty and Finance: $40 Trillion Debt Bubble - Systemic Collapse Ahead | Francis Hunt
Oct 28, 2025
https://www.youtube.com/watch?v=lf71LJZZC1k
36:45
Everyman's explanation of the basis trade at 5:00-12:00
China has a Bank of Rothschild just like the US.Quote:
China, the worlds largest economy that re-invested decades of trade surplus in US Treasuries
They tell us "China bought US debt". Maybe so, but lets see what that means....The Chinese Bank of Rothschild issues money as debt, That money is used to buy US debt and presto, We the People of the USA "owe" the Chinese something.
If China wants compensation, I have the solution; we ship them our bankers for them to do with as they please.
What do we send after the bankers? Politicians too?Quote:
Originally Posted by hoarder