2023.01.17 21:38
https://youtu.be/xguam0TKMw8
Changing World Order
2023.01.19 10:29
2023.01.19 19:11
https://youtu.be/OxrK1V3NX1k
Why Budget Deficit Matters and How It impacts you.
How does the government finance the debt? We pay the taxes.
It is the revenue the government collects. The revenue goes up
and down depending on the economy. It is OK for the government
to borrow as long as the economy goes well. The economy can go
sour when there is a protracted war, natural disaster, pandemic, and corruption.
At the time, the country with too much debt may
not be able to pay the interest on her debt or pay the principal when
the lender asked her to pay it back at once.
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https://youtu.be/QoPJ-ucV_hc
Economic turbulence looms ahead of U.S. hitting debt ceiling