National Debt would take 440,000 yrs to pay off if repaid at $1 per second!

“If national debt was repaid at $1 a second, it would take over 440,000 yrs to pay off. RT if you want an END to Obama’s out of control spending!”

I just read this on Twitter from the handle: @RaisingRedAF , and couldn’t believe how bad things are.
Does anyone know if this statistic is accurate?

How can we ever pay off this much debt?

What happens if we default?

Who owns this debt, and how is debt created in the first place?

Please offer your opinions, & facts about this National Security issue for the United States of America.

“If national debt was repaid at $1 a second, it would take over 440,000 yrs to pay off. RT if you want an END to Obama’s out of control spending!”

Share

Speak Your Mind

*

Blue Captcha Image
Refresh

*