Having trouble understanding the complicated U.S. Debt Crisis? Watch the video below, where I compare the US Debt Crisis to a spoiled child of a rich family. The problem adult child is the U.S economy, and the U.S. government and global lenders are like the parents that continue to fund the irresponsible financial habits of their child.
To learn more, make sure to also read my Globe and Mail article about how the U.S. Debt Ceiling is similar to a dysfunctional family.
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