$Amazon (AMZN.US)$ still resistant! Total US debt is now lar...
$Amazon (AMZN.US)$ still resistant!
Total US debt is now larger than the total gross domestic product of China, Japan, Germany and the United Kingdom combined, and amounts to $244,000 per American household.
At current interest rates, the US is now paying over $2 billion a day in interest payments, and even if every American household contributed $1,000 a month to pay off the debt, it would still take 20 years to pay off.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment