We're #1... in Debt! | Jesse Ventura Off The Grid - Ora TV

While this is just one measure of economic importance, it's yet another sign that the USA is handing the baton over to China.

With the US Federal debt hitting $18 trillion, it's safe to say that any increase in interest rates will be prevented from happening for as long as possible, assuring malinvestment and greater austerity

Do you think those students will take risks as entrepreneurs, or will they seek more "secure" jobs with big corporations like JP Morgan Chase, or Bank of America.

Credit card debt is nearly a trillion dollars and it seems likely that those who have student loan debt will also have credit card debt.