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return2ozma@lemmy.world to Economy@lemmy.world · 5 days ago

America Is About to Cross $40 Trillion in Debt: The First Trillion Took 192 Years, the Last One Took About 5 Months

finance.yahoo.com

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America Is About to Cross $40 Trillion in Debt: The First Trillion Took 192 Years, the Last One Took About 5 Months

finance.yahoo.com

return2ozma@lemmy.world to Economy@lemmy.world · 5 days ago
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The national debt is closing in on a number no country has ever reached, and the pace at which America got here reveals something alarming about where it is headed next.
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    5 days ago

    “How did you go bankrupt?” Bill asked.
    “Two ways,” Mike said. “Gradually and then suddenly.”

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