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an interactive forum for leaders of the loveworld nation

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loveworldsat.org

Image: ln24SA The headlines scream it every day: the U.S. national debt has blown past $38 trillion as we kick off 2026. That’s the gross figure the Treasury pushes—$38.43 trillion to be precise, piling on billions daily. They say the US government debt crisis continues to worsen: the country’s interest payments have reached a record amount of $1.47 trillion per year. At the same time, federal interest payments have increased by 5% compared to last year, amounting to $1.2 trillion – a historical maximum. Over the past 4 years, federal interest expenses have doubled. At the same time, interest payments received by states and local governments have decreased by 3% year-on-year to $270 billion, which is the lowest level since the beginning of 2023. However, this amount is still $80 billion higher than the level in 2007, before the 2008 financial crisis. As a result, interest expenses at all levels of government – federal, state, and local – as a percentage of GDP have risen to 4.7%, which is close to the maximum values in the last 27 years. They say the government debt crisis is no longer just a threat, but a reality. Who Does the US Owe? Let’s start with the basics—if the US owes $38 trillion, who’s collecting? Wall Street analysts throw out names like China, Japan, ‘the American public,’ even the Social Security Trust Fund. But ask for a straight answer about who truly owns this debt, and you’ll get vague platitudes—smoke and mirrors. You see, the numbers get fuzzy fast. Sure, foreign countries hold a slice, but the vast majority is ‘owned’ by shadowy institutions, government accounts, and, most mysteriously, the United States Federal Reserve. Can you walk into a bank and meet America’s biggest creditor? Of course not. The reality is, most of this debt is owed to faceless entities and government agencies—like owing yourself Monopoly money. And when you press officials, they shift the blame, dodge the question, and beg you not to look too closely. Why? Because if the