What is the National Debt? (Explained in 45 Seconds) #NationalDebt #Deficit #USdebt #Economics

Did you know that every year, the U.S. government spends trillions more than it collects in taxes? It's the biggest budget imbalance in the world. But how does that even work? And where does the extra money come from?

In this mission, the Cash Avengers break down the absolute basics, following up on our last mission about The Fed. We'll show you the crucial difference between the annual "Deficit" and the total "National Debt." See how the government borrows money by issuing Treasury Bonds and why this massive number keeps getting bigger.

This is the foundational knowledge you need to understand how the economy truly works. If you're ready for the basics, SMASH that LIKE button and SUBSCRIBE for our next mission: Who REALLY Owns the National Debt?

#NationalDebt #Deficit #USdebt #Economics #GovernmentSpending #Finance #TheFed #CashAvengers #Economics101

Видео What is the National Debt? (Explained in 45 Seconds) #NationalDebt #Deficit #USdebt #Economics канала Cash Avengers