National Debt Explained in 60 seconds!
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YouTubeBusiness Edutainment
National Debt Explained in 60 seconds!
National Debt Explained National debt is the total amount of money a government owes to creditors — both at home and abroad. It’s built up over time by running budget deficits. Every time the government spends more than it earns and borrows to cover the gap, the debt increases. - This debt is usually financed by issuing government bonds ...
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