becuase china wont buy any of our stuff we dont have enough mony to buy things that a merica needs
National debt can have several impacts on the world today. Firstly, high levels of national debt can lead to decreased investor confidence and higher borrowing costs for the country, potentially leading to economic instability. Secondly, excessive national debt can limit a government's ability to invest in social programs or infrastructure, which can have negative effects on the wellbeing of its citizens. Lastly, large amounts of national debt can create interdependency between countries, making them vulnerable to financial crises and contagion effects.
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He wanted to cut the national debt.
The national debt in the year 2000 was at $5,674 (in billions). The GDP in the year 2000 was $10,364 (in billions). These numbers both rose slightly the following year due to 9/11 and the Bush tax cuts.
To restore the nation's economic credit so that the government could raise money in the future.
By using national banks. There for when people went to the bank they had owned money. That had made America increase there debt.
it can do as it pleasessfasf
Delayed social security, rising interest rates, difficulties in investing, tax payers paying the burden, and a recession that extends across nations are five ways the national debt can affect the economy. For businesses and trade to be strong, the national debt cannot be high.
Most likely the United States with our multi-trillion dollar national debt.
the national debt was something used to create national debt
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Based on CIA world factbook Nepal's est. national debt as of December 31 2011 was $3.777 billion USD
USA
The debt depends on what country. Ultimately any national debt is owed to the central banking. Private banks.
No
What was the national debt in 2003?
It depends on what country you are referring to. Here are the top 6 countries that have the most external debt in US dollars. There are other countries that have a higher debt to GDP ratio though. The U.S. currently has a national debt around 17.5 trillion dollars. The United Kingdom has a national debt of around 10.1 trillion dollars. Germany has a national debt of around 5.7 trillion dollars. France has a national debt of around 5.3 trillion dollars. Japan has a national debt of around 3 trillion dollars. China has a national debt around 3 trillion dollars.
As of today the US national debt is $9,581,041,814,762.69, and has been growing at the rate of $1.79 billion every single day since September 28, 2007. That means we owe $31,461.16 per capita. At least for today.