«Japan might become a victim of funding» quagmires, especially with a prolonged recession that has lasted more than 20 years and
a soaring national debt, he says.
'' [Labour] has alarmed the public about
our soaring national debt, alerted them to the tax rises needed to pay for it if Labour is re-elected, and so undermined confidence in the future,» said Mr Osborne.
Not exact matches
On Friday afternoon, the
national debt of the United States hit another major milestone,
soaring past $ 21 trillion for the first time ever.
Below is a chart showing
national debt as a percentage of GDP going back to the founding of the U.S.. Although we've seen periodic spikes in response to
national crises, the
debt could
soar to unprecedented levels within the next 10 years.
Consequently, we will see all three
soar in the years to come as the US Dollar is necessarily devalued to pay for the massively exploding US
National Debt.
Changing the Approach to College Funding Advice College costs continue to
soar out of control and our
national student loan
debt tops $ 1.4 Trillion dollars as of March 2017.
Admiral Michael Mullen, our Chairman of the Joint Chiefs, is already warning that our
soaring debt is so high, it now threatens our
national security.