Part 1/10:
The Looming Crisis: America's National Debt and Its Implications
In recent years, the United States has seen an alarming rise in its national debt, which is now rapidly approaching a staggering $37 trillion. This equates to about $18,000 for every man, woman, and child in the country—a number that exceeds the annual income of many Americans, especially children. This situation starkly contrasts the predictions made just a few decades ago, when it was thought that the U.S. might be completely debt-free by 2013. So, what went awry? The unfolding narrative reveals a tale of political short-sightedness and the complacent belief that the U.S. was somehow immune to widespread financial crises.