U.S. debt is sitting at more than $36 trillion US — double what it was 10 years ago — but is that a real problem? Andrew Chang breaks down the numbers to put the severity of the situation in context and explain how a bad situation could get worse.
Chapter timecodes:
0:00 - Intro
1:57 - Borrow, spend, repeat
7:22 - Shaky ground?
10:43 - The fallout
CREDITS
0:04 - Credit: MSNBC/YouTube
0:05 - Credit: CBS News/YouTube
0:06 - Credit: PBS NewsHour/YouTube
0:33 - Credit: FOX 4 Dallas-Fort Worth/Youtube
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