Tag: United States

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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A solution to student debts in America | Sajay Samuel | TEDxPSU

Four hundred years ago, thousands seeking a better life in the new world came as indentured servants. Too poor to pay the passage, they got into debt and in exchange for working up to 7 years in bonded labor. Today 14 million Americans are indebted for their passage to the new economy. Too poor to […]

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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 […]

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Understanding the National Debt and Budget Deficit

Good morning Hank, it’s Tuesday. So, one of the biggest issues in global politics these days is government debt and deficits, which is a particularly big deal in the United States because of the Presidential campaign and also because of the looming fiscal cliff. And Hank, as you’ll no doubt remember, I received a bronze […]

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Footnote † from “The Debt Ceiling Explained”

Of course, the President doesn’t personally borrow money. Really, the Department of the Treasury, that he oversees, issues debt on behalf of the US government, and fully explaining the process by which the government issues debt in the same department that both prints new cash and collects taxes quickly leads to questions about money’s existential […]

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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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Is DEBT Threatening the USA’s Future? – VisualPolitik EN

Everything seems to be going amazingly in the United States. The crazy years have returned. The economy is growing, employment rates are strong, wages are rising and taxes are being cut while government revenues are at a historic high. Yes, everything seems to be sailing smoothly in the United States. Let’s take a look at […]

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Ways Pickpockets Steal Your Money

“You gotta pick a pocket or two,” said the Artful Dodger from the book Oliver Twist. But it ain’t just historical London that has a pickpocket epidemic, Almost every city in the world is home to one or more of these shady characters, who lurk in the shadows, waiting for that golden opportunity. Some of […]

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Why Do Students Have So Much Debt?

At the University of Pennsylvania, where I went as an undergrad, the average tuition and fees in the 2018-19 school year for a private four-year college are over $50,000. And at public four-year university, like U. of Michigan in Ann Arbor, the cost for out-of-state students is around $49,000 and in state students over $15,000. […]

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