Tag: gdp

How Can the US Keep a Trillion Dollar Debt?

If you look at countries with the most debt compared to their GDP the USA is not top of the list, and we could say that’s a good thing for the country. That’s because when it seems that a country is unable to pay the money back it could lead to panic and hamper economic […]

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Understanding America’s Debt Problem

Good morning Hank, it’s Wednesday. We seem to have found ourselves in something of a debt crisis, and by we I don’t mean like, the vlogbrothers, I mean, like, the planet. I’ve already talked about sovereign debt problems in Europe; today I want to talk about the purported American debt crisis. But first let me […]

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The Greek Debt Crisis Explained in Four Minutes

Good morning Hank, it’s Friday! Good morning Hank, it’s Friday you know in my hug bucket? Greece. every time I see Greece just wanna give it a big ol’ hug. I don’t, however wanna give them a 150 billion euro and therein lies a problem. Okay, so I wanna to talk about sovereign debt today, […]

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Quantity Theory of Money

♪ [music] ♪ [Narrator] Today we’re going to introduce an important tool for thinking about issues in macroeconomics — the quantity theory of money. Let’s imagine the journey a dollar bill might take in a year. Imagine that the dollar bill starts with Tyler, who buys a pupusa from Don, the street vendor. Don gives […]

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What is U.S. Debt? – P2: Comparing Debt to GDP

When the United States needs more money than it has, the U. S. Treasury will raise that money by issuing securities which are basically a promise that if you give us money now we’ll pay you back plus some interest in the future. In other words, debt. Most of our debt is owned domestically but […]

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Dallas Fed Explains: Government Debt to GDP

Government debt to GDP has grown dramatically since the Great Recession. Debt held by the public of the U.S. government is now about 75 percent of GDP and the present value of unfunded entitlements is now approximately $49 trillion. When we enter the next recession, which will happen eventually, we won’t have as much capacity […]

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Macroeconomics: Crash Course Economics #5

Adriene: Hi I’m Adriene Hill, welcome back to Crash Course Economics. As you may remember from our first video, economics can be divided into two parts: microeconomics and macroeconomics. Since macroeconomics is the one that’s most often in the news, that’s where we’re gonna start. We’ll get to microeconomics, which is also super important in […]

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Why Chinese Manufacturing Wins

At the end of the first millennium, around 1000 AD, China was definitively the most powerful country in the world. More than a third of the world lived within its borders, it’s technology was the most advanced in existence, and its economy accounted for an astronomical 50% of the worlds GDP. The west paled in […]

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