becuase china wont buy any of our stuff we dont have enough mony to buy things that a merica needs
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He wanted to cut the national debt.
To restore the nation's economic credit so that the government could raise money in the future.
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.
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.
In 1996, Japan had the world's largest national debt.
Most likely the United States with our multi-trillion dollar national debt.
the national debt was something used to create national debt
Based on CIA world factbook Nepal's est. national debt as of December 31 2011 was $3.777 billion USD
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USA
The debt depends on what country. Ultimately any national debt is owed to the central banking. Private banks.
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.
No
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.