This country has taken deficit spending to an entirely new stratospheric level over the last decade, and this state of affairs and current financial strategy is definitely unsustainable and needs to be addressed by the political leaders of this country.
We examine the US government debt problem in this video, covering the topic from many angles.
Courtesy of John Mark Gray, author of two books - Rockstar GM and Corporate Game Theory. He also has a new YouTube Channel. John has an MA in Philosophy and an MBA in Business. He has worked in academia, Fortune 500 companies, consulting, and financial markets. He has written many articles and white papers on financial markets and economics. He has a background in Logic & Game Theory and enjoys playing Chess and Poker in his spare time.
The views and opinions expressed herein are the author's own and do not necessarily reflect those of EconMatters.