Post
Topic
Board Economics
Re: Is the US national "debt" an illusion?
by
Erdogan
on 02/03/2015, 17:17:37 UTC
I argue that the $18 Trillion national debt pales in comparison to the national wealth of the United States. There is no better example of this than the revenue generated from Obama's successful energy exploration campaign.



Imagine when you compare Russia's little debt with it vast natural resources!! This is why the US fears Russia, because Russia's potential far exceeds what the US has been able to create so far.

Yes but realizing the "national" (government) wealth is politically impossible. The pitchforks will materialize at the thought of it, long before the change can begin.