Most of it is owed to us - the American taxpayers.

Between the 2008 Great Recession and the Covid stimulus, more than $15Trillion was added to the US debt. Throw in a few wars and underfunded federal budgets, and you quickly get to $32T.

We basically just print all that money to maintain a comfortable standard of living. Eventually it will come due… whether it’s your kids, or your kids’ kids… somebody will eventually have to pay it.