With President Obama signing legislation to raise the debt ceiling just before a potential national default, few seem happy about the outcome, even the very people that voted for it. Here we bring you “Tension,” the latest drawing from Robbie Douglas. He says: “I wanted to do something regarding the debt situation that’s been taking the center stage of the news for the last week or so, the idea with the piece being that the fighting between the two parties has been essentially just a strain on the situation.” [Read more...]
The US: One Nation Under Debt
With the total debt of the United States at an astonishing $14.3 trillion and $4.5 trillion of that held by other countries, one wonders when those loans could possibly be payed, if ever. The folks over at Brass Magazine put together this sobering infographic detailing the plethora of nations that hold ownership of that debt… with China being the most prominent of those lenders. [Read more...]







