#USNationalDebt The national debt is similar to a person using a credit card to make purchases, and if at the payment period, they fail to meet the obligation, they fear problems with the bank or the card-issuing institution. Likewise, if you owe it and do not pay, and this amount exceeds your income, then you fall into a deficit. The deficits accumulated over time represent a person's total debt. The United States is indebted to China for nearly 900 billion dollars.😶