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Posts published in “Business”

Space X Dragon Capsule Docks to International Space Station

Successful docking to international space station from Space X Dragon Capsule. This is a historic step to further our exploration in space after many years of this kind of science not being fully developed properly by our government. A perfect partnership of government and private industry furthers man kind in this extraordinary and very necessary exploration.

Liechtenstein | A small Country That Has It All

Lichtenstein, a small country that has it all. Being the third smallest country in the world, it has done a remarkable job of balancing all the proper elements to create and foster a thriving economy and high quality of life for their citizens. It also looks like a great place to visit. I originally researched this country some years back as my family originally hails from there many generations back. I have never been there myself, but hope to someday and I have a feeling that I might not want to leave. They really seem to have their act together. From their economy, to their educational systems…

Who really owns the National Debt in 2019?

When we ask ourselves who really owns the national debt in 2019, most will answer China. This is because the coverage by the television media groups leaves a strong impression that China owns most of the debt. This in fact is not true. In fact, foreigners as a whole only own 29% of the publicly owned total. National Debt consists of Two Categories: The U.S. national debt consists of two categories. Intragovernmental holdings and public holdings. Intragovernmental holdings consist of 230 other federal U.S. agencies. They total almost $6 trillion or 26% of the national debt. An example of one of these agencies is the Social Security…

How much is the National Debt in 2019?

So how much is the national debt in 2019? It is in excess of an overwhelming $23 trillion ($23,000,000,000,000) and counting. Yes, that is a lot of zeros to get to twenty three trillion dollars. To put this number in perspective however, let’s see how we got here over time. Ancient History Treasury’s records only go back to 1790 however America incurred its first national debt during the Revolutionary War in the 1780’s. When official reports were created, it showed $43 million in debt. Loan certificates to European countries funded the debt. The Revenue Act of 1790 is when Alexander Hamilton issued federal bonds to collect the…