[9:06 AM, 2/19/2016] +91 99714 07788: dated feb 19 , 2016.

Focus on the USA ( Govt only ) debt figure that you have discussed , that is increasing continuously almost since mid 1970 s,
Now,  where does that money come from?
Answer-  the US Financial  system has given to itself the right to print money to spend .
So whenever USA government wants to spend another x trillion dollars , a clerk in USA President s office types a voucher ordering Chase Bank to electonically issue the x trillion dollars for usa govt to spend  ,, the money is NOT transferred from savers ( present savers  or potential future savings via future tax collections  ) . On Chase Bank s books this loan will be carried forward indefinitely .
The US President can spend these freshly printed dollars for wars funding against China , to gift checks to usa citizens or to swiss private banks ,  or to enable Wall Street executives to play casino ( world gdp 70 T , world trade annual 15 T , india gdp abt 2 T , financial speculation trading in new york 40 T per day )

Simple enough ?


 . Chase Bank  manages Federal Reserve ( USA s CB Central Bank ) , IMF , BIS , and the USA regulatory Authorities that regulate US Banking .    NPA applies to NAIVE teachers of Economics including  respected Dr Sau and his miseducated acolytes Dr Sushil Khanna , Ladha , Dhareshwar et al . The total unfunded liabilities of USA govt are estimated between 55T and 150 T , T =trillion dollars


 Part of the flood of dollar credit is used to buy shares of foreign companies
yielding 15 to 20 per cent, and foreign bonds. These dollars are turned over to
foreign central banks for domestic currency. But central banks are only able to use
these dollars to buy U.S. Treasury securities, yielding about 1 per cent. When the
People’s Bank of China buys U.S. Treasury bonds, it’s financing America’s dual
budget and balance-of-payment deficits, both of which stem largely from military
encirclement of Eurasia – while letting U.S. investors and the U.S. economy get a
free ride.               ravi garg
Instead of buying U.S. Treasury securities, China would prefer to buy American
companies, just like U.S. investors are buying Chinese industry. But America’s
government won’t permit China even to buy gas station companies. The result is a
double standard.