Tag: trillion dollar debt

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 […]

Read More

What If The U.S. Paid Off Its Debt?

The US debt is the total sum of all outstanding debt owed by the federal government. As of February 11th 2019, the US National debt was 22 trllion dollars trillion dollars. 2/3s of that debt is held by the public. The rest is intragovernmental debt. 22 trillion dollars lot of money, and it keeps getting […]

Read More