The Dangers of Living on Debt

The US currently has $39.2 trillion dollars in debt. It adds another trillion dollars every 3 months. By the end of 2026, it will have $41 trillion dollars in debt.

So far, international banks and governments have been coughing up the cash and 

lending the US money to cover this growing debt. If they decide to call in their loans, 

or not buy this debt, or charge substantially higher interest rates, the US economy will

suffer substantial catastrophic distress.

Living on debt severely hampers US actions - both foreign and domestic.

With our nation so severely compromised, are we becoming a paper eagle?