Breaking down America’s worst long-term challenges

ArticleDebt crisis May 15, 2018 - 7:13:57 AM

Today, the national debt stands at more than $21 trillion.

On October 22, 1981, the national debt in the United States crossed the $1 trillion threshold for the first time in history.

It took nearly two centuries to reach that unfortunate milestone.

And over that time the country had been through a revolution, civil war, two world wars, the Great Depression, the nuclear arms race… plus dozens of other wars, financial panics, and economic crises…

Source: sovereignman.com