The total United States national debt is $19.3 trillion as of fiscal year (FY) 2016.
Total debt is near what the U.S. produces in annual GDP, and a majority of our national debt is public debt — money owed to those who have Treasury obligations. The U.S. also owes a large amount of money to foreign countries (foreign debt), but a majority of U.S. debt is held domestically.
As of June 2012, the three countries who hold the most of our national debt are:
One underlying issue is that U.S. debt is the world's safest and most reliable, so it can generally be issued with ease and at attractive interest rates. So long as the rate of return on borrowed money exceeds interest payments, taking on debt is not a huge negative.
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The cash flow to debt ratio measures a company’s operating cash flow versus its total debt
Billing Statements are primarily used for credit cards, listing the transaction history and balance due on a customer account
A mortgage short sale occurs when a borrower and a lender settle for less than is owed on a mortgage, because of changes
Conventional wisdom says that investing in gold might be a good hedge against inflation or market cataclysms
Investments are funded through payroll deductions and go into investment options chosen by the sponsoring employer
It is difficult to forecast how much health care will cost in retirement, but JP Morgan research indicates that it’s...