Unfathomable
The US public debt stands at 35.3 trillion dollars, or 35,300,000,000,000.
If interest rates returned to 0, and the debt was repaid at a rate of one million per hour, it would take until the year 6047, or 4,023 years, to pay it off.
The magnitudes are staggering: today we talk about trillions, whereas only billions were mentioned during the Great Depression.
The American economy now depends entirely on foreign investments and savings.
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