eli5 If the U.S. is in so much debt, how do they remain one of the most powerful & influential countries in the world?

Question

I feel like the United States is always meddling in other countries affairs and yet still climbing further into debt. Kind of like someone giving you advice on a golf course who is terrible themself. Is it the military presence? Economic relationships?

In: Economics

Answer 1

isnt it mostly issued through government bonds? some1 correct me if im wrong but basically they owe the money to themselves..