Nonsequitur: Americans Owe Nearly $60 Trillion

June 18, 2014

If you combine government, corporate, mortgage, consumer and student debt, Americans owe a grand total of:

$59,400,000,000,000.00

Details and references here. The current US GDP is about $15.7 Trillion. Basically, we owe about 3.5 times what we are worth.

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