The U.S. National Debt: A $36.1 Trillion Question
The raw numbers are staggering: America’s national debt has hit $36.1 trillion. Of this total, $28.8 trillion is held by the public, while $7.3 trillion represents intergovernmental holdings—money the government essentially owes to itself. As a financial markets analyst of 25 years, I’m often asked about America’s national debt. The number itself—$36.1 trillion—is almost incomprehensible.…
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