3 ms·
Wealthy? Doesn't the US have massive debt?
by spurgu 15y ago
Wealthy? Doesn't the US have massive debt?
- maxerickson 15y agoThe government has significant debt. It owes quite a chunk of that money to the people of the U.S. (no really) and there is plenty of wealth split up among the citizens (I suppose much of the private debt is also owed to other U.S. entities). Even setting those factors aside, the debt represents ~1 year of economic output for the U.S., the infrastructure and goods sitting around in the country represent much more than that.
- alexro 15y agoEven if you are right 'technically' how about being right 'psychophysically' - what are these willing to occupy the wall streets do not understand?