Total debt (public + private) in America is currently at a staggering $67 trillion.
That number has been rising fast over the past 47 years, following the US dollar's transformation into a fully-fiat currency in August of 1971.
Perhaps this wouldn't be such a big concern were America's income, measured by GDP, we're growing at a similar rate. But it's not.
from Peak Prosperity https://ift.tt/2oQOycI
