The Debt Quagmire Of The United States Of America

There is little doubt that the United States Of America is in an inescapable debt trap. While I am not suggesting any gloom and doom scenario in the foreseeable future, the US dollar is likely to trend lower and the government is likely to try and inflate its way out of the debt trap. Unfortuantely, that has never worked in the history of fiat money. An infographic on the current debt and potential debt in the coming years.