Topic: US Gov. on the brink of defaulting, + National Debt Clock - page 2. (Read 157 times)

Yes, the national debt clock provides a real-time visual representation of the United States' national debt and its growth over time. The clock updates regularly and displays the current debt, as well as the debt per citizen and the debt as a percentage of GDP.

The national debt has been growing for decades and is a complex issue with multiple contributing factors, including government spending, economic conditions, and tax policies. The US government has been taking measures to raise the debt ceiling, which is the limit on the amount of debt that the government can legally accumulate. The government has reached the debt limit multiple times in recent years and has been taking measures to temporarily raise the debt limit in order to continue borrowing money to pay its bills.

The debt ceiling and government default is a serious concern, as it could have a devastating impact on the global economy, and it's important to note that the US debt is not only a problem for the US citizens but also for the entire global economy.

It's important to note that government debt can have both positive and negative effects on the economy, the level of debt that a country can sustain depends on its economic health, and the ability to service the debt, which is the capacity to pay interest and principal on the debt.

It's worth keeping an eye on the debt clock and to be informed of the measures being taken by the government to address the debt, as well as the potential risks and impacts on the economy.

Today you may have read about a global economy-devastating possibility of a US government default (and everything they are doing to raise the debt ceiling), but have you seen this national debt clock?

https://www.usdebtclock.org/

It's just mind blowing.

I mean I just started writing this post a few minutes ago, and the national debt is already up by several million dollars!