U.S. T-bill market will tell us if/when we need to worry about national debt.
U.S. T-note market will tell us if/when we need to worry about national debt.
U.S. T-bond market will tell us if/when we need to worry about national debt.
Bond mutual funds continue to buy U.S. government debt.
Pension funds continue to buy U.S. government debt.
Large non-profit institutions continue to buy U.S. government debt.
U.S. corporations continue to buy U.S. government debt.
Foreign corporations continue to buy U.S. government debt.
Foreign nations continue to buy U.S. government debt.
1/2 billionaires continue to buy U.S. government debt.
Billionaires continue to buy U.S. government debt.
Rich individuals are not buying penny stocks. Rich individuals are not sitting in their underwear trading microcap stocks &/or trading stock options. For rich people, Return of Assets is more important than Return on Assets.
December, 2011 was the last time one could walk into a commercial bank and buy a U.S. Saving Bond. U.S. government only wants to deal with high rollers.
Bonds and interest rates have an inverse relationship. If U.S. debt were 1/2 trillion or if U.S. were 50 trillion, our quality of life is tied with willingness of large organizations and large nations to purchase debt. The national debt number is not the issue.