Between January 2023 and February 2024, the national debt increased from about $31.4 trillion to $34.4 trillion…an increase of $3 trillion in 14 months. Who is buying all the debt?
The Rising U.S. Government National Debt
Published by markskidmore
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
The USA declared bankruptcy unofficially on the 15th of August 1971. The next five decades have just been borrowed time. Now we’re going into a global nuclear war to cover up the disaster. It’s disgusting.
Sen. Tommy Tuberville finally says out loud what most of us know for long: “We are dead boke!” https://youtu.be/f6Z5pzv4Mq8?si=jleCTZDZvKWV_kCG