About: US National Debt

Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: US National Debt Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

One of the great mysteries of the world is how three hundred million people managed to run up quite such an enormous liability in only 250 years while still allowing their poor to go without education, housing or health-care. Evidently, a good deal of money was spent on vodka and cocaine but a considerable proportion was also frittered away spreading its principals across the world; upholding democracy by bank-rolling dictators of oil-bearing countries and supporting freedom of speech by carpet-bombing small tropical nations with opposing economic ideas. But just how did the United States manage to convince lenders to provide it with such eye-wateringly huge amounts of cash, and how did they successfully service such a large deficit for so long that those lenders are now too scared to stop

Attributes	Values
rdfs:label	US National Debt
rdfs:comment	One of the great mysteries of the world is how three hundred million people managed to run up quite such an enormous liability in only 250 years while still allowing their poor to go without education, housing or health-care. Evidently, a good deal of money was spent on vodka and cocaine but a considerable proportion was also frittered away spreading its principals across the world; upholding democracy by bank-rolling dictators of oil-bearing countries and supporting freedom of speech by carpet-bombing small tropical nations with opposing economic ideas. But just how did the United States manage to convince lenders to provide it with such eye-wateringly huge amounts of cash, and how did they successfully service such a large deficit for so long that those lenders are now too scared to stop
dcterms:subject	History Economics Economy of the United States Politics of the United States Money United States
dbkwik:uncyclopedi...iPageUsesTemplate	dbkwik:resource/-p1WJwBKpIZ6kc-pxCk3rQ== dbkwik:resource/5GGc1QxL_71U2AfzDuExjw==
Revision	5728282(xsd:integer)
Date	2013-09-07(xsd:date)
abstract	One of the great mysteries of the world is how three hundred million people managed to run up quite such an enormous liability in only 250 years while still allowing their poor to go without education, housing or health-care. Evidently, a good deal of money was spent on vodka and cocaine but a considerable proportion was also frittered away spreading its principals across the world; upholding democracy by bank-rolling dictators of oil-bearing countries and supporting freedom of speech by carpet-bombing small tropical nations with opposing economic ideas. But just how did the United States manage to convince lenders to provide it with such eye-wateringly huge amounts of cash, and how did they successfully service such a large deficit for so long that those lenders are now too scared to stop lending for fear that the US may default on their existing debts?

OpenLink Virtuoso version 07.20.3217, on Linux (x86_64-pc-linux-gnu), Standard Edition
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2012 OpenLink Software