The U.S. Government Is Borrowing About 8 Trillion Dollars A Year - Galt's Gulch

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The U.S. Government Is Borrowing About 8 Trillion Dollars A Year

Posted by straightlinelogic 11 years, 11 months ago to Economics

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A little different, and quite disturbing, take on one of my favorite subjects--debt.

SOURCE URL: http://theeconomiccollapseblog.com/archives/the-u-s-government-is-borrowing-about-8-trillion-dollars-a-year

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Posted by CircuitGuy 11 years, 11 months ago

I heard this exact same argument 20 years ago: US gov't is issuing too much short-term debt, which will lead to a crisis.

I'm not knowledgeable about whether it's true today. We need to stop the borrowing, short-term and long-term bonds.

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