It already is, compared to 90% of world countries. Americans should appreciate how easy they have it, and stop complaining that "the US is bad", "it's a third world country" because reading these comments as someone who lives in a third world country makes me laugh.
It already is, compared to 90% of world countries. Americans should appreciate how easy they have it, and stop complaining that "the US is bad", "it's a third world country" because reading these comments as someone who lives in a third world country makes me laugh.
Its slowly becoming a 3rd world country
How so?
the us is 94 trillion dollars in debt and that goes up $100,000 every 5 seconds. there will be a point when that has to be paid off.
Well, according to the treasury, they have $31.46 trillion dollars in debt.
Source: US Treasury
all countries have debt. It's debt to mostly itself (private investors). It's a long explanation but the tl;dr is that it's not a bad thing.
All countries have debt but most countries have a good debt to gdp ratio
>youtube video essay