The raising of the debt is due to too many 'freebies' to keep the Party and the Political Hags in Power. Unfortunately people vote for the Party that gives them what they want.
The system that is in Place in the Western World is that we are continually giving money away to Nations who perhaps need it, but we give it to the Governments and they divvy it up among themselves.
Look at Haiti........they were given Billions and the Gov't took it, and the free goods that were supposed to go to the poor people are being sold by by the same Govt. But our Western World Politicians can say they gave this and that away and be smug about it. They did their part.
One day this whole system will implode, like what happened in 2008, but to a greater degree. All the European Countries are loaning each other money. One day someone will default and then it's the Domino affect. They are still keeping Greece afloat...why? Because they owe money to everyone and everyone owes money to them.
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