The Unsustainable $40 Trillion National Debt

The Unsustainable $40 Trillion National Debt Authored by Jeffrey A. Tucker via The Epoch Times, The national debt has now passed $40 trillion. It stands at 120 percent of GDP. That should alarm us and probably does but let's just be honest: no one can conceive of such figures. They are just floating zeros and no one has any sense of whether and to what extent this portends economic doom for us. Maybe it does or maybe it doesn't. An electronic display shows the national debt in W...

By Tyler Durden