October 27, 2018

US National Debt: Fundamentals of debt

Part 1

BAKU - As of September 2018, the national debt of the United States surpassed 21,4 trillion USD, while the budget deficit is at its highest number since 2012. And, even though there are a lot of unwarranted claims and misconceptions pinned to this topic, many are concerned that the national debt is reaching unsustainable levels.

To get to the bottom of this, we must subtract fact from fiction and go over the fundamentals of America’s sovereign debt.


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