U.S. Economy 101: national debt vs. national deficit | Just The FAQs

– You’ve probably heardthat the U.S. government has a giant deficit.Well, it’s true.But what exactly is a deficit,and how is it different from debt?Deficit is defined as an annual differencebetween government spending and government revenue.Every year, the government takes in moneyin the form of taxes and other income,and then spends it on things like Social…

What Would Happen If USA Stopped Paying Its Debt?

The United States has more than $21 trillion in national debt. Let’s try and get ourheads around just how much money that is. Firstly, what’s a trillion? A trillion is1 thousand billion, or 1 followed by 12 zeros. That’s a big number, so let’s break itdown. If we assume you are a millionaire and you…

What Would Happen If USA Stopped Paying Its Debt?

The United States has more than $21 trillion in national debt. Let’s try and get ourheads around just how much money that is. Firstly, what’s a trillion? A trillion is1 thousand billion, or 1 followed by 12 zeros. That’s a big number, so let’s break itdown. If we assume you are a millionaire and you…

$1 Billion in Tax Dollars Fund Anti-Science Religious Educations

a one billion dollars in taxmoney is funding anti-sciencereligious educations we’ve talked a little bit about this with the greatZack Kopplinthe college student who has been doing a lot of work around teaching creationismin schooland as David B dash right in the new civil rights movementif you believe that God created the universe in six…

What Would Happen If USA Stopped Paying Its Debt?

The United States has more than $21 trillion in national debt. Let’s try and get ourheads around just how much money that is. Firstly, what’s a trillion? A trillion is1 thousand billion, or 1 followed by 12 zeros. That’s a big number, so let’s break itdown. If we assume you are a millionaire and you…

$1 Billion in Tax Dollars Fund Anti-Science Religious Educations

a one billion dollars in taxmoney is funding anti-sciencereligious educations we’ve talked a little bit about this with the greatZack Kopplinthe college student who has been doing a lot of work around teaching creationismin schooland as David B dash right in the new civil rights movementif you believe that God created the universe in six…

$1 Billion in Tax Dollars Fund Anti-Science Religious Educations

a one billion dollars in taxmoney is funding anti-sciencereligious educations we’ve talked a little bit about this with the greatZack Kopplinthe college student who has been doing a lot of work around teaching creationismin schooland as David B dash right in the new civil rights movementif you believe that God created the universe in six…

Bitcoin is worthless (but so is your “real” money)

Hi, my name is Xavier, and when I talk about cryptocurrencies, I often get comments sayingthat Bitcoin, Ethereum, and others aren’t worth anything.That people are just artificially creating its value.And you know what, that’s true.I also hear that they’re not real because it’s only virtual money, not physical.That’s true as well.But in this video, I…

Bitcoin is worthless (but so is your “real” money)

Hi, my name is Xavier, and when I talk about cryptocurrencies, I often get comments sayingthat Bitcoin, Ethereum, and others aren’t worth anything.That people are just artificially creating its value.And you know what, that’s true.I also hear that they’re not real because it’s only virtual money, not physical.That’s true as well.But in this video, I…

Bitcoin is worthless (but so is your “real” money)

Hi, my name is Xavier, and when I talk about cryptocurrencies, I often get comments sayingthat Bitcoin, Ethereum, and others aren’t worth anything.That people are just artificially creating its value.And you know what, that’s true.I also hear that they’re not real because it’s only virtual money, not physical.That’s true as well.But in this video, I…