Can America Keep Financing Its Rising Debt Load?

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ValueWalk

For weekend reading, Gary Alexander, senior writer at Navellier & Associates, offers the following commentary: It’s humbling to realize that it took 205 years for our Republic to roll up its first $1 trillion in accumulated federal debt. At the close of Fiscal Year 1981, on September 30, 1981, the Reagan White House released the news that the U.S. national debt crossed $1 trillion for the first time. At the time, I was working in the shadow of the Capitol, in Alexandria, Virginia as Consulting Editor for Personal Finance newsletter and manager of Alexandria House books for KCI Publications. In…

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