Makanre asked: We just discussed in class that each household would have to pay $549,000 to get out of debt. I know the number is very high but does anyone know the actual amount in debt we are?
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Makanre asked: We just discussed in class that each household would have to pay $549,000 to get out of debt. I know the number is very high but does anyone know the actual amount in debt we are? advait0 asked: The U.S. Federal Government is in major extreme almost unsolvable debt, State governments sometimes go broke resulting in a shut down of services. So what happens when a state government goes bankrupt for a long period of time, say 6 months to a year? What if the Fed can’t give grants, and loans [...] Richard_SM asked: How much money has Bush borrowed and is he leaving the debt for the next President to pay? Why doesn’t the next President borrow some more ? Well – what was the debt when Bush became President – and what will the debt be when he leaves? |
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