U.S. debt to finance China's military?
- 30th August 2011
- Michael Heykoop
As the United States sees its debt continue to soar out of control, it would be prudent to take time to examine the results of such reckless spending. Just like any credit card, national debt carries with it the obligation for the debtor to pay interest. $14 trillion is an immense amount of debt, and it carries with it the burden of substantial interest...