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Owing the US a Living?

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[unable to retrieve full-text content]Living within your means is considered a virtue in many cultures, with one notable exception – the United States, whose public debt grows by roughly a trillion dollars every 100 days and is projected to continue doing so for the next few decades. In the past, it helped to sustain the so-called American lifestyle, but Continue Reading The post Owing the US a Living? first appeared on Michael Hudson.

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Living within your means is considered a virtue in many cultures, with one notable exception – the United States, whose public debt grows by roughly a trillion dollars every 100 days and is projected to continue doing so for the next few decades. In the past, it helped to sustain the so-called American lifestyle, but Continue Reading

The post Owing the US a Living? first appeared on Michael Hudson.

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