The National Debt

Almost every country in the world has some form of national debt. Whether it be from internal or foreign debt, national debt place an importance on a countries spending, development and how it operates. But how important is the national debt? Does changing the debt ceiling cause economic turmoil? How does governments become in debt to itself? And how does nations get out of debt? Join Nick and Mike as they discuss national debt in America and how it works, forms and what it possibly mean for the future.