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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (45010)	8/19/2010 7:02:19 PM
From: TimF	Read Replies (1) of 71588

instead of the other-way around, owed to their own citizens! It isn't a debt to American citizens. If it was it wouldn't be a "self-debt" it would be a real debt, but that's not what it is, either defacto or dejure (for the later see en.wikipedia.org ). Its a debt to the government from the government. Just like my example of an IOU from my left pocket to my right its a situation where the "debtor" is the "creditor" and thus there is no real debt and no asset.

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