Julia Carle, Epilogue, Question #7

In the epilogue of Naked Economics, Wheelan taught me how, economically speaking, our future will look like. The very detailed seven questions that Wheelan answered about what life will be like in 2050 were very crazy to think about. Wheelan brought up how the U.S. could change their ways in order for the U.S. to stop being the largest debtor in the world. That's another thing I learned, the U.S. must pay for our government, pays the interest we've added up over the years on bills, and pay for new expenses involved with the elderly. That is a lot of paying in which will become very difficult for the U.S. I always never quite understood why we were in so much debt and why we haven't paid it off, but now I have a much better understanding of government debt and how it works.