Triple Lutz Report #263 – History Of United States Debt

from Financial Survival Network

The United States has been in debt since its founding. The only time the country’s debt went to zero was during Andrew Jackson’s tenure. Coincidentally, his highest accomplishment was killing The Second Bank of the United States-the country’s central bank at the time. However, since that time the debt has been ceaselessly increasing till today where it threatens to consume the global economic system. Understanding the nation’s debt history is crucial to understanding where we’re at now.

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