America’s debt: How much is too much? | About That

From CBC News.

U.S. debt is sitting at more than $36 trillion US — double what it was 10 years ago — but is that a real problem? Andrew Chang breaks down the numbers to put the severity of the situation in context and explain how a bad situation could get worse.
Chapter timecodes:
0:00 – Intro

1:57 – Borrow, spend, repeat

7:22 – Shaky ground?

10:43 – The fallout

0:04 – Credit: MSNBC/YouTube

0:05 – Credit: CBS News/YouTube

0:06 – Credit: PBS NewsHour/YouTube

0:33 – Credit: FOX 4 Dallas-Fort Worth/Youtube

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