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Archive for March 27th, 2015

How to Rack Up $18 Trillion in Debt and How to Pay It Down

Friday March 27th, 2015   •   Posted by Craig Eyermann at 6:21am PDT   •   2 Comments

We’ve answered the following question that was recently asked at Quora: How did the USA end up with $18,000,000,000,000 of debt? More importantly, can the US government pay back the debt? The United States federal government has ended up with a total public debt outstanding of more than $18 trillion (at this writing) because…
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