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Old 02-16-2023, 08:31 PM
Rajoo's Avatar
Rajoo Rajoo is offline
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Join Date: Mar 2013
Location: Sierras
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To put things in perspective,

US Government debt = $31 Trillion

US Household debt = $16.9 Trillion

Since majority of this debt is due to mortgages, the underlying debt will be considered part of our nation's assets at MSU?

On second thoughts, is this $16.9 Trillion household debt part of the national debt?

https://www.cnn.com/2023/02/16/econo...ter/index.html
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