The U.S. National Debt Is Enormous. Is That Bad? 

I don't understand why we owe and we keep giving away to other countries? Stop giving it away and pay the debt off.

No person or nation can borrow itself out of trouble forever.

A million seconds ago is just 12 days ago. A billion seconds ago is 32 years. A trillion seconds ago is 30,000 years before Christ was born.

But interest rates are artificially kept low by fed. That is unsustainable. Eventually fed has to shrink their balance and let the interest rates go up.

This aged like milk.

This video didn’t age very well now in 2023.

The current debt is about $ 31,622,540,000. If the debt represents the total amount of outstanding borrowing by the U.S. Federal Government accumulated over the nation's history, then I'm confused . Since debt obligations (i.e. T-bills) have a "time to payoff" such as 30 yr T-bills, then over time doesn't the debt naturally go down when these obligations expire?. Maybe someone could answer my question. Thank you.

This will age poorly

This video hasn’t aged well at all. Let’s remember all of these economists’ names when our gamble with debt and interest rates finally catches up with us.

Here is why the Nation Debt matters. It creates a Political system beholding to who exactly, the populous that actually funds the Nation through taxation, or a group of Banks. So now our Taxes basically cover SOME of the interest. Let's for example say that the Voters want one thing done but the Banks that hold our Debt do not what a measure passed or done. It does not take a Rocket Scientist to see what has happened, although it will to get us out of this situation. A bigger issue is the fact that most of the World has followed suit. If you think our Debt is problem take a few minute and see what the World Debt is. The sad truth is we may never get back to a point where we the People ever have say or control of our destiny again. The constitution should be changed to ... "Of the Banker's, for the Banker's". The reason some of the Founders wanted a Constitutional Amendment prohibiting Congress from borrowing is not a Fiscal concern, but one of control, and who the Congress ultimately answers to and serves. Don't be a fool and buy into any of the Pretzel Logic being shoveled by any Economist. They can toss up any Chart, play with any numbers, but none have any rebuttal for the statements I have just made ... not a damn one of them.

This video didn't age well

I can see how this kind of debt would be good IF your return on that money is greater than the cost to borrow. Such is the case using other people's money if you can get ahead on it. However, we should not be too nonchalant to think about what would happen if the tables turn. Opportunities favor the prepared. Furthermore, there is a basic financial principle that your income must or should exceed your outflow or your upkeep will be your downfall. Lastly, I think that we should consider this proverbial principle: The borrower is servant to the lender. We cannot overlook the fact that at some point, the lender calls the shots because we owe. What I am suggesting is fiscal responsibility. We expect it individually and we should expect it at the larger political levels.

Sure, but interest rates on savings growth are abysmal as a result? Isn’t that problematic, too? How has this not hurt the value of our dollar?

The Course We Are On With Debt Levels Is Not Sustainable At All.

Insane debt. The United States has the largest Gold reserve 8,133 metric tons ($480.84 billion) in the world. Yet, the value of all that gold would barely make a dent into our debt.

The Department of Interior say my share of the national debt is zero.

2 year treasury yield when this video was posted 0.16%, 2 year treasury yield 18 months later 4.6%. I agree that debt is not a problem as long as you pay 0.16% in interest......

The government bought the rich Dad/poor Dad course

How's that bet looking today?

Recovery balance and fare and equal for all.simple answer

Sweet sweet little lies. Pay your debt to protect your neck.

Wala na stop na ako e withdraw kona lahat