U.S. Debt $668,621 Per Household
Who Is Going To Lend Us The Money To Fund Our Exploding Debt?
The key questions here are:
- "Who is going to lend us the $2 trillion a year necessary to fund this spending?" and
- What interest rates are they going to demand to do it?"
It used to be China who was lending us the money, but China's getting queasy, and our borrowing has now exploded far beyond what they are willing to lend.