0.7 C
Mönchengladbach
Thursday, November 21, 2024
Advertise with us
EconomicsAmerica is the most indebted country in the world.US debt exceeds $...

America is the most indebted country in the world.
US debt exceeds $ 30 trillion

According to the VOA news agency

The US Treasury Department has announced that for the first time, US debt crossed the $ 30 trillion mark last week.

This equates to 130 percent of the United States’ gross annual income (GDP), making the United States the most indebted country in the world.

US debt has been rising for decades, but the US response to the coronavirus epidemic and the injection of large sums of money into the economy has significantly increased its debt.

At the end of 2019, just before the Covid-19 epidemic, US debt reached $ 22.7 trillion. But the following year, $ 5 trillion was added, bringing the US debt collection to $ 27.2 trillion. Since then, more than $ 2 trillion has been added to US debt.

Mark Goldwine, the Federal Policy Committee’s deputy director for budget management, a non-partisan, nonprofit organization, said the $ 30 trillion debt showed the level of US debt, adding that the country’s debt was up to The next decade will be more.

In addition, according to Goldwyn, monetary inflation in the United States has been at its highest level in 40 years and there is no sign that debt is declining.

The US Treasury Department has said the United States has borrowed from various lenders, including the federal government itself, and borrowed $ 6.5 trillion from “government assets.”

The bulk of these loans are classified as public debt, amounting to $ 23.5 trillion. Public debt refers to loans that not only people have borrowed, but also the US Federal Reserve has borrowed from foreign governments.

According to the US Treasury Department, foreign governments have lent $ 7.7 trillion to the United States, and no country in the world owes more than 5 percent of its debt.

As of November 2021, Japan’s $ 1.3 trillion, China’s $ 1.1 trillion and the United Kingdom $ 622 billion in loans to the United States, according to the latest figures.

Debt settlement is one of the main reasons for the increase in US debt. In 2021 alone, the United States paid $ 562 billion in debt. This figure is ‌ more than the annual budget of each federal government department,. With the exception of the Ministries of Finance, ‌ Health and Defense.

Reviews

Related Articles

POPULAR

The romantic relationship between Ronaldo’s son and Luis Suarez’s daughter was revealed

"Delfina Suarez", the daughter of "Luis Suarez" revealed her romantic relationship by publishing a story with a heart from "Cris Ronaldo Jr.", the son...

Were Jennifer Lawrence nude photos real?

Are Jennifer Lawrence nude photos true?The question that you may ask yourself is whether the images that were published years ago are trueThe answer...

UK Entry requirements

Entry requirements This page reflects the UK government’s understanding of current rules for people travelling on a full ‘British Citizen’ passport, for the most common...

LATEST POSTS

Salman Khan reaches Mumbai to celebrate his 58th birthday

Salman Khan is celebrating his 58th birthday. He returned to Mumbai to spend his special day with family and close people. It's a big day...

McDonald’s opening hours on Christmas Day and Boxing Day in Cambridgeshire

Although McDonald's is not the first thing that comes to mind for most people on Christmas Day, some might be wondering if they can still pop...

MORE

YOU MAY LIKE

How many meters of land did humans buy in Metaverse world in 2022?

How many meters of land did humans buy in Metaverse world in 2022?

The report of the DappRadar research and studies center shows that in 2022, an astronomical amount was spent to buy virtual lands in the Metaverse world. The results of this study, which was reported by...

Marriage of a 103-year-old Iraqi groom for the third time in the presence of...

The 103-year-old Iraqi groom got married for the third time in the southern Iraqi province of Diwaniyah in the presence of his grandchildren and great-grandchildren. According to Sky News Arabic, the Sumer region, about 180...

Symptoms of Monkeypox

, the virus can infect mice and rabbits. The first case of monkey pox was reported in 1970. In 2003, US health officials reported a case of the virus in the United States. "Monkey pox virus has...
metaverse app, metaverse facebook, metaverse crypto, metaverse zuckerberg, metaverse game, metaverse login, zuckerberg stuck in metaverse, mark zuckerberg stuck in metaverse, live longer for 150 years in metaverse, shib metaverse, gundam metaverse, shiba metaverse, shiba inu coin, shiba inu metaverse, shiba inu, metaverse fashion week, shiba metaverse land, mark zuckerberg, mark zuckerberg metaverse, how to make money in the metaverse, zuckerberg metaverse, best metaverse stocks, metaverse logo, nvidia stock, buying real estate in the metaverse, how to invest in the metaverse, bitcoin, metaverse login, how to buy land in metaverse, metaverse headset, how to invest in metaverse, metaverse meaning, metaverse crypto, metaverse stock, metaverse facebook, metaverse coins, metaverse real estate, metaverse etf, metaverse nft, metaverse login, metaverse pro, facebook metaverse, sandbox metaverse, how to invest in metaverse, mark zuckerberg metaverse, best metaverse crypto, how to buy land in metaverse, roundhill ball metaverse etf, roblox metaverse, top metaverse coins, apple metaverse, pete davidson net worth, pete davidson kim kardashian, pete davidson instagram, pete davidson ariana grande, pete davidson father, pete davidson tattoos, pete davidson exes, pete davidson wife, pete davidson net worth, pete davidson kim kardashian, pete davidson movies and tv shows, pete davidson instagram, pete davidson height, pete davidson ariana grande, simon rex, kenedi anderson american idol, bebe rexha, billy ray cyrus, pete davidson roast 9/11, walker scobell, is kim kardashian pregnant by pete davidson, tish cyrus, david mamet, wynonna judd, roast of pete davidson, pete davidson bde, is kim kardashian pregnant with pete davidson, kanye pete davidson boxing, phoebe dynevor and pete davidson, north and pete davidson, daphne bridgerton, pete davidson father 9/11, kim kardashian pregnant with pete davidson, cam newton, pete davidson and north west, is pete davidson jewish, pete davidson north, kourtney kardashian, pete davidson dad

The battle in eastern Ukraine may determine the outcome of the war

According to the BBC news agency Analysis of the war situation by Jonathan BillBBC Defense Correspondent The people of eastern Ukraine know that the Russians will soon intensify their attacks. Even street dogs seem to be...

Why Ariana Grande Skipped The 2022 Met Gala

Ariana Grande and her husband Dalton Gomez opted to skip this year’s Met Gala again. The couple’s absence isn’t too surprising, given the singer hasn’t attended since 2018, and filming on Wicked starts next month in London. Grande has been...
metaverse app, metaverse facebook, metaverse crypto, metaverse zuckerberg, metaverse game, metaverse login, zuckerberg stuck in metaverse, mark zuckerberg stuck in metaverse, live longer for 150 years in metaverse, shib metaverse, gundam metaverse, shiba metaverse, shiba inu coin, shiba inu metaverse, shiba inu, metaverse fashion week, shiba metaverse land, mark zuckerberg, mark zuckerberg metaverse, how to make money in the metaverse, zuckerberg metaverse, best metaverse stocks, metaverse logo, nvidia stock, buying real estate in the metaverse, how to invest in the metaverse, bitcoin, metaverse login, how to buy land in metaverse, metaverse headset, how to invest in metaverse, metaverse meaning, metaverse crypto, metaverse stock, metaverse facebook, metaverse coins, metaverse real estate, metaverse etf, metaverse nft, metaverse login, metaverse pro, facebook metaverse, sandbox metaverse, how to invest in metaverse, mark zuckerberg metaverse, best metaverse crypto, how to buy land in metaverse, roundhill ball metaverse etf, roblox metaverse, top metaverse coins, apple metaverse, pete davidson net worth, pete davidson kim kardashian, pete davidson instagram, pete davidson ariana grande, pete davidson father, pete davidson tattoos, pete davidson exes, pete davidson wife, pete davidson net worth, pete davidson kim kardashian, pete davidson movies and tv shows, pete davidson instagram, pete davidson height, pete davidson ariana grande, simon rex, kenedi anderson american idol, bebe rexha, billy ray cyrus, pete davidson roast 9/11, walker scobell, is kim kardashian pregnant by pete davidson, tish cyrus, david mamet, wynonna judd, roast of pete davidson, pete davidson bde, is kim kardashian pregnant with pete davidson, kanye pete davidson boxing, phoebe dynevor and pete davidson, north and pete davidson, daphne bridgerton, pete davidson father 9/11, kim kardashian pregnant with pete davidson, cam newton, pete davidson and north west, is pete davidson jewish, pete davidson north, kourtney kardashian, pete davidson dad

When did the world’s first computer start working?

Archaeologists believe that the mysterious machine "Antikythera", which some refer to as the world's first computer, was first launched on December 22, 178 BC. The device, used to predict the moon and determine the timing...

In response to the Twitter Files revelations, the FBI claims that it didn’t ask for “any action” in relation to specific tweets.

Twitter and FBI! What? Yes, In response to the Twitter Files revelations, the FBI claims that it didn't ask for "any action" in relation to specific tweets. The Federal Bureau of Investigation is responding...

Travis Scott Batman Costume

Euro international News : Most celebrities go all-in on Halloween, with The Weeknd going as the Joker and Lil Nas X going as Niki Minaj. This year was no different and on October 31st...
metaverse app, metaverse facebook, metaverse crypto, metaverse zuckerberg, metaverse game, metaverse login, zuckerberg stuck in metaverse, mark zuckerberg stuck in metaverse, live longer for 150 years in metaverse, shib metaverse, gundam metaverse, shiba metaverse, shiba inu coin, shiba inu metaverse, shiba inu, metaverse fashion week, shiba metaverse land, mark zuckerberg, mark zuckerberg metaverse, how to make money in the metaverse, zuckerberg metaverse, best metaverse stocks, metaverse logo, nvidia stock, buying real estate in the metaverse, how to invest in the metaverse, bitcoin, metaverse login, how to buy land in metaverse, metaverse headset, how to invest in metaverse, metaverse meaning, metaverse crypto, metaverse stock, metaverse facebook, metaverse coins, metaverse real estate, metaverse etf, metaverse nft, metaverse login, metaverse pro, facebook metaverse, sandbox metaverse, how to invest in metaverse, mark zuckerberg metaverse, best metaverse crypto, how to buy land in metaverse, roundhill ball metaverse etf, roblox metaverse, top metaverse coins, apple metaverse, pete davidson net worth, pete davidson kim kardashian, pete davidson instagram, pete davidson ariana grande, pete davidson father, pete davidson tattoos, pete davidson exes, pete davidson wife, pete davidson net worth, pete davidson kim kardashian, pete davidson movies and tv shows, pete davidson instagram, pete davidson height, pete davidson ariana grande, simon rex, kenedi anderson american idol, bebe rexha, billy ray cyrus, pete davidson roast 9/11, walker scobell, is kim kardashian pregnant by pete davidson, tish cyrus, david mamet, wynonna judd, roast of pete davidson, pete davidson bde, is kim kardashian pregnant with pete davidson, kanye pete davidson boxing, phoebe dynevor and pete davidson, north and pete davidson, daphne bridgerton, pete davidson father 9/11, kim kardashian pregnant with pete davidson, cam newton, pete davidson and north west, is pete davidson jewish, pete davidson north, kourtney kardashian, pete davidson dad

PUBG MOBILE – Attractive Game Vibrant Anniversary Update March 2022

PUBG Mobile 1.9 Update Release Date: Check full 1.9 Update Patch Notes Full introductionPUBG Mobile - PUBG mobile is one of the best, most amazing and most famous action survival style games. This game...

What is a US Green Card?

Annually, the US Citizenship and Immigration Services (USCIS) offers a lottery-based program to maintain racial diversity in the United States. Citizens from different countries can enroll themselves in the United States Green Card Lottery Program....

Afghan Air Force planes never returned to evacuate their remaining colleagues

Real story An Afghan female pilot recalls the last days of her stay in Afghanistan, and worries about her surviving family.Rakhsar, whose real name is not, is an Afghan Air Force pilot. He made his...

Jennifer Lopez and Ben Affleck got married after 17 years of Breakup

After 17 years, the love of Jennifer Lopez, singer and actress, and Ben Affleck, Hollywood filmmaker, came to fruition and the two got married in a small church in Las Vegas.Jennifer Lopez shared this...
metaverse app, metaverse facebook, metaverse crypto, metaverse zuckerberg, metaverse game, metaverse login, zuckerberg stuck in metaverse, mark zuckerberg stuck in metaverse, live longer for 150 years in metaverse, shib metaverse, gundam metaverse, shiba metaverse, shiba inu coin, shiba inu metaverse, shiba inu, metaverse fashion week, shiba metaverse land, mark zuckerberg, mark zuckerberg metaverse, how to make money in the metaverse, zuckerberg metaverse, best metaverse stocks, metaverse logo, nvidia stock, buying real estate in the metaverse, how to invest in the metaverse, bitcoin, metaverse login, how to buy land in metaverse, metaverse headset, how to invest in metaverse, metaverse meaning, metaverse crypto, metaverse stock, metaverse facebook, metaverse coins, metaverse real estate, metaverse etf, metaverse nft, metaverse login, metaverse pro, facebook metaverse, sandbox metaverse, how to invest in metaverse, mark zuckerberg metaverse, best metaverse crypto, how to buy land in metaverse, roundhill ball metaverse etf, roblox metaverse, top metaverse coins, apple metaverse, pete davidson net worth, pete davidson kim kardashian, pete davidson instagram, pete davidson ariana grande, pete davidson father, pete davidson tattoos, pete davidson exes, pete davidson wife, pete davidson net worth, pete davidson kim kardashian, pete davidson movies and tv shows, pete davidson instagram, pete davidson height, pete davidson ariana grande, simon rex, kenedi anderson american idol, bebe rexha, billy ray cyrus, pete davidson roast 9/11, walker scobell, is kim kardashian pregnant by pete davidson, tish cyrus, david mamet, wynonna judd, roast of pete davidson, pete davidson bde, is kim kardashian pregnant with pete davidson, kanye pete davidson boxing, phoebe dynevor and pete davidson, north and pete davidson, daphne bridgerton, pete davidson father 9/11, kim kardashian pregnant with pete davidson, cam newton, pete davidson and north west, is pete davidson jewish, pete davidson north, kourtney kardashian, pete davidson dad

Katrina Kaif wedding:

(adsbygoogle = window.adsbygoogle || ).push({}); Bollywood superstar Katrina Kaif recently got married Vicky Kaushal and Katrina Kaif had a beautiful wedding together in Sawai Madhopur, Rajasthan. Fitness instructor Reza Katani...
Unveiling the new production of Land Cruiser with a strange image

Unveiling the new production of Land Cruiser with a strange image

According to Gadget News, Toyota introduced its new product by unveiling the new Land Cruiser FJ70 model with a strange appearance, which is scheduled to be launched in 2023. By equipping the new FJ70 with...

According to a report, SpaceX plans to begin launching the new Starlink satellites this...

SpaceX Creates a New Generation of SpaceX SpaceX Is palling to create a new generation of Starlink as reports say. Elon Musk's SpaceX is reportedly dealing with slower Starlink internet speeds as demand grows. According...
\