Does national debt matter?
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To understand why, looking at the country’s total debt, which has nearly doubled following the financial crisis, matters less than how much it costs to finance our debt. That is, the most important number is the minimum payment on the credit card bill, rather the the total amount we owe. read more
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Source: moneymetals.com
Further Research
Does Government Debt Matter?
www.economicshelp.org
How large is the UK’s national debt, and why does it matter?
www.telegraph.co.uk
Why does the US national debt matter?
dailycaller.com
