The United States currently faces a near $17 trillion national debt and its annual debt payments are close to half a trillion dollars. It is projected that if interest rates remain the same then the debt will skyrocket to $1.1 trillion in 10 years. Interest rates are expected to rise, … [Read more...]
Americas National Debt
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Who Owns Americas National Debt Owing 20 billions dollars to Mexico is nothing in comparison to the 799 billion America owes to China. Will we ever be able to dig our way out of debt or will it continue to spiral out of control? Who's to blame for the huge deficit we find … [Read more...]