- In September 2017, US Government debt passed US$20 trillion
- Iraq and Afghanistan wars each cost about US$1 trillion
- Annual 2009-13 average US$1 trillion deficit spending added nearly US$5 trillion, mainly from government stimulus and bank bailouts
- Interest is US$449 billions/year, debt is US$62,200/person
DISCLAIMER: This content is for information purposes only. It is not intended to be investment advice. Readers should not consider statements made by the author(s) as formal recommendations and should consult their financial advisor before making any investment decisions. While the information provided is believed to be accurate, it may include errors or inaccuracies. The author(s) cannot be held liable for any actions taken as a result of reading this article.
The post US Govt Debt Is Massive and Shows No Sign of Reversing appeared first on Become a Better Investor.