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The biggest group holding US debt are its citizens. The social security trust fund has been raided for decades by the general fund to spend on defense security state and has not been paid back.

Politicians and their funders hope everyone is hoodwinked into forgiving the debt or just taxing everyone more to make up for the stolen^W borrowed money.

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> The social security trust fund has been raided for decades by the general fund to spend on defense security state and has not been paid back.

Where is the money in the social security trust fund kept. I had assumed it was in treasury bonds and therefore lent to the US Government general funds to be spent at the will of congress. Is the Social Security Administration actually holding VOO or physical gold?

Although this has been done, the social security system is primarily going to fail because more people are using it then have paid for it, so the system is actually borrowing from the future citizens (our kids). You can blame defense spending (which is too much), but that's not the main reason the system itself is broken.

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