Sovereign debt, government debt, public debt, total public debt, federal debt, gross debt

America’s Public Debt Explained

By Vasko Kohlmayer —— Bio and Archives--May 18, 2010

American Politics, News | Comments | Back To Full Article

I recently wrote an essay in which I argued that the dollar will eventually collapse due to the excessive debt burden of the American federal government. My conclusion was challenged by the writer Jon Hall, who argued that I painted too dire a picture. In his article he challenged my assessment of both the national debt and unfunded entitlement liabilities.

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