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Understanding America's Debt Problem

submitted by Skeeve

1 decade 2 years 9 months 1 week ago

From YT:
In which John discusses the U.S. public debt, our dangerously high debt to GDP ratio, the S&P's downgrade of America's credit rating, and why our debt may not be as unmanageable as it seems. There's also some general discussion of economics, currency, the gold standard, and the worldwide financial system's dependence of the American dollar.