I'm sure this is something ArtRollins could explain, i'm surprised he hasn't already..

Basically your government spends money it doesn't have. It prints it's own paper money when it doesn't actually have the funds to back what it prints. At the same time it's paying for things that it can't afford, like illegal wars in the Middle East.

Did you know that every day the US government has to borrow about $1.5 billion from the rest of the world to fund the big ass gap between it's exports and imports. And China funds a huge part of your deficit, so if they decided to pull out, so to speak, your economy would pretty much go into a recession. Your whole economy basically relies on the money of other countries to survive. Good luck with that, Lol..

http://www.newyorkmetro.com/nymetro/...tomline/14639/
GHoSToKeR Reviewed by GHoSToKeR on . trillions? i hear that the us is indebt for about 4 or 5 trillion dollars, and i was wondering if every nation had this same problem? are people in like england, germany, france and other such big country have the same problem? Rating: 5