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Why is US in debt?

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Anonymous

∙ 13y ago
Updated: 8/17/2019

Because all american products are crap so we have to buy them for foreign countries.

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Wiki User

∙ 13y ago
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What was the US debt in 1776?

us federal debt in 1850


What was the us's debt in 1776?

us federal debt in 1850


How much US Debt in trillions?

Total US Debt: $14.1 Trillion Debt Held by US Public: $9.49 Trillion Debt held by Foreigners: $4.45 Trillion


What type of debt does the US have and who is it owed to?

The majority of US debt is actually owed to US citizens.


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The Us debt to Germany is 43.3 Billion Dollars.


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The US National Debt is nearly $16,963,703,000, or 16.9 trillion dollars.


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What is the debt collection in Canada and the US?

If you move from Canada to the US and have bad debt in Canada will it effect your credit in the US?


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As of 2/28/12, the debt per US citizen is $49,208. The debt per US taxpayer is $136,190


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As of January 31st 2011, total debt of the US economy is 14.13 Trillion US Dollars.

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