Asked by Emily
The global economy seems to be in a debt crisis. The National Debt (what we owe) of the United States is now over $18 Trillion dollars and growing every day. Our Gross Domestic Product (our income) is around $16 Trillion. That means our debt is more than our income.
Does this make you feel uneasy that we may be "bankrupt" in the very near future? Explain
Does this make you feel uneasy that we may be "bankrupt" in the very near future? Explain
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