Prager U Video: The Bankrupting of America

Who exactly will pay our unpaid credit card?

What happens when you spend money you don’t have? Everyone knows the answer to that question. But what happens when the government does it on an unprecedented scale? Sooner or later, all debts have to be repaid. The question is, who’s going to foot the bill? Economist Stephen Moore has the answer.

 

Share

Wondering what happened to your Disqus comments?

Read the Story