U.S. national debt surpasses $31 trillion

#nationaldebt #debt #yahoofinance
Yahoo Finance columnist Rick Newman details how the U.S. national debt has surpassed $31 trillion for the first time ever and what it could mean for the economy.
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[khoirulanam]

The biggest problem is when the money isn't yours, you don't care how much something costs.

[bashns]

Lets send another $40 billion to Ukraine. That will teach us!

[Dennis-ncvw]

31 trillion in debt, and what has this spending brought us? Nothing but rage, bitterness, and demands for more and more. I remember we got 2 or 3 stimulus payments when COVID was basically over and all we did was whine and cry we didn't get more. Yet in the 2008 financial crash, during periods when unemployment was much worse, no private household got a check in the mail and yet no one complained.

[real_Pinoy]

It's going to reach a Point where the interest rate will be so high that it can't be paid

[jakemf]

This is just scary- I’m sorry but this country is in trouble. Cut military spending in 1/2 pull out from overseas bases. Hard choices need to be made

[andis]

As long you can pay the interest payment, you're fine. But just like mortage APR, if the rate goes up during renewal, that means you have to pay higher interest payment. FED want to make sure the interest rate goes down by the time renewal is happening.

[foxmacnamara]

31 TRILLION. But don't worry everyone. WTF?! Yeah okay. How stupid does the media think we are? Come on sheeple.

[niltomega]

Most politicians are millionaires so while a collapsed America would also affect them, they would still have enough money to buy up cheap properties and actually become richer.
My point is, politicians have no reason to stop the spend and the inevitable collapse.

[kaioser]

nothing bad keeps happening: inflation: hold my beer…

[theramblingzone]

Nearly 26 trillion of the national debt is owned by U.S. citizens. So, long story short, we are barrowing money out of our own pockets. The national debt is not nearly as serious as people think it is, so stop hyping up the "problem".

[tgbayesola]

The Milkshake Currency doesn't need to worry too much. More $$$ will be pumped to Ukraine to override all these.

[MAI.]

They think that it is funny???
They shall be broken & destroyed without remedy.
Pay your debt to whom it is owed.
I'm really serious.

[wendyshoowaiching]

Debts at US$100, 000 a citizen. US$35 Trillion @ 350 Million Population

[YSColin]

No debt forgiveness on our National debts? Ridiculous! Cancel National debts!

[Demonoicgamer]

31 trillion is a scary number eventually someone will say hey where’s my money

[jamesparent]

We Americans have budget and pay our taxes and how can the government and the administration just spend spend spend without us Americans have no say in it

[pluntchgunster]

That Trump guy added 9 trillion of it.

[niltomega]

Don't worry folks. A boat with a leak in it never sinks.

[Marc]

Before you know it, the national debt will be expressed in terms of quadrillions and then quintillions soon afterwards. Even sextillions cannot be ruled out.

[singularity-]

As long as the GDP is not much negative and too long, US would be fine.