The Hidden Depths of U.S. National Debt

This chapter explores the complexities surrounding the U.S. national debt, including its underestimated figure and implications of interagency debts. It draws historical parallels with past economic panics, revealing the cyclical nature of governmental systems and their corruptive tendencies. The discussion highlights the international ramifications of U.S. debt, the influence of government on financial practices, and the systemic vulnerabilities shared by various nations.