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3 Answered Questions for the topic Debt

Why is Greece's debt considered a problem but not US debt, which is much larger?

Greece's and other southern European countries' debt has been considered a problem since the 2008 crash, and austerity measures have been forced to the people.However the United States also have a... more

If Jim, a random citizen, owes TD Bank $300,000 for his house mortgage, is this added to the U.S. national debt?

According to [Wikipedia](https://en.wikipedia.org/wiki/National_debt_of_the_United_States): National debt consists of two components. The first is > *Debt held by the public*, such as Treasury... more

04/04/19

Does total US public debt include state debt?

When I see total US public debt, I wonder whether state debt is included. If "total US public debt" used differently for different cases, I will restrict my case to the usage in national... more

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