1 / 13

Debt

Cory H Roxanne M Tuesdee Ford. Debt. What is Debt???. As per Webster's (http://www.merriam-webster.com/dictionary/debt) Something owed such as; Money goods Services An “obligation” or liability to pay someone

oliver
Télécharger la présentation

Debt

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Cory H Roxanne M Tuesdee Ford Debt

  2. What is Debt??? As per Webster's (http://www.merriam-webster.com/dictionary/debt) • Something owed such as; • Money • goods • Services • An “obligation” or liability to pay someone • Is this honestly what we think of when thinking about debt? (individuals, US, Globally?) You Tube Video

  3. How long has debt been around? • Not a clear timeline for individuals or government entities • Use debt to describe cost in • War • Natural Disasters • Rampages of individuals • Flagrant spending by political individuals

  4. Political Consequences? • War • Political infighting • Effects of the people who are governed

  5. San Antonio Debt Issues

  6. Texas Debt Issues

  7. United States Debt Issues U.S. National Debt Clock : Real Time • Debt is more than 16 trillion • Congress Demanding cuts!! • Spending > Money taken in • SS problem since 1970s • Debt Ceiling • Budget Control Act 2011

  8. United States Debt Issues • Current Administration VS Prior • US Government borrows 40 Cents of every $1 you spend • Emergency spending with caps

  9. Global Debt Issues • Credit reporting is downgraded • China • Europe • Even the United States • Developed Countries VS Underdeveloped Countries • Panic • Blaming Game

  10. Who Suffers? • EVERYONE!!! • Individuals • Families • @ United States

  11. Who benefits?

  12. Promoting the Problem?

  13. Solutions

More Related