When US debt exceeds the country's yearly output

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At a certain point, the numbers get so big they stop feeling real. The US national debt has ballooned past $34 trillion, meaning the government owes significantly more money than the country actually generates in an entire year, kept afloat entirely by the world's faith in the military-industrial complex.

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When US debt exceeds the country's yearly output — STACKY / Economy

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Issuing government bonds is borrowing from grandchildren

Japan possesses the highest national public debt in the developed world, routinely hovering around two hundred and sixty percent of their entire gross domestic product.

United States debt ceiling is an arbitrary legislative limit created in 1917 that restricts how much money the federal government can borrow to pay for expenses it has already legally authorized.

United States treasury laws contain a bizarre loophole that theoretically allows the government to mint a single platinum coin with a face value of one trillion dollars to wipe out the national debt.

The Sumerians invented compound interest before the wheel

Politicians constantly panic about the US national debt. But who actually owns the vast majority of it?

A bigger world.
One discovery
at a time.