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RE: Today in History : USA national debt hits a staggering $1 trillion
It is depressing reading as it is out of control. We had a Zuma that took all the coffers and let nothing for the next President to spend. That could be a worse scenario for anyone coming into office as there is nothing but petty cash.
well why not just spend money that you don't have? (kidding.) Imagine how different the global landscape would be if all governments had to operate without a line of credit
I would love to be around to see that. The Government can't borrow more money otherwise we end up in junk status. They are getting smarter on how to fleece the little we have. Could do a Zimbabwe and just print some more and then it is all cool and fixed.