3min chapter

The World and Everything In It cover image

1.6.25 Supreme Court cases of fraud and corporate liability, Biden blocking the sale of U.S. Steel, and the history of America’s borrowing habits

The World and Everything In It

CHAPTER

America's Debt: Historical Insights and Future Projections

This chapter examines the evolution of America's national debt, projecting it to surpass $50 trillion within ten years given current trajectories. It highlights Andrew Jackson's unique success in eliminating the debt and discusses the historical context and economic repercussions of his actions.

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