America Swimming in Debt

Pop open the bottles of champagne. The United States debt just blew past 24 Trillion dollars. As the saying goes: easy come ….easy go….. The balloon is becoming bigger and bigger and will burst. Eventually the rest of the world will no longer feel comfortable with the dollar and the tide will turn sending the currency out to the deep blue sea.

The question is when the United States fiscal house of cards fall, what other dominoes also come tumbling down? Will the US become another Venezuela or is America Too Big to Fail? 

 

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Edge of Humanity Magazine provides opinion pieces and unbiased coverage of international relations and the global economy. Our think tank type analysis is not academic. Instead, it includes forecasting international political, and economic trends, from the perspective of laypersons that are well-informed, and have done extensive independent hard travel. The magazine investigates, dissects, and summarizes, how all the polished  stones of the global political puzzle move across the immense go board.

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See also:

Global Economy

International Relations

The U.S.A.

 

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