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The national debt you know that hockey-stick-looking chart that goes up and to the right extremely aggressively? It is currently sitting at 31 trillion USD. Most people would admit that the pace at which our national debt is accumulating and the pace at which the expenses for the United States are increasing is unsustainable. But nobody seems to want to do anything about it.
Which begs the question exactly how unsustainable is this really? Because if this were something that was going to spell financial disaster within the next 1 to 2 years, then you would expect that there would be something somebody would be trying to do about it.
0:43 The Federal Budget
3:00 Rising Interest Rates and Debt
8:10 Where is this Unsustainable Debt Spiral Headed
8:56 Biggest Holders of US Treasury Debt Lending Less
11:32 Federal Reserve Buys all US Debt
13:43 Outright Default
15:57 How to Protect Yourself
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#DebtSpiral #Inflation #NationalDebt