$40 Trillion US Debt Is 72 Times Mount Everest in Cash: Market Strategist Says the Number Looks ‘Scary’ Until You See How Much Americans Own
Ryan Detrick likens the $40 trillion US debt to 72 Mount Everests, but urges investors to avoid 'denominator blindness' as wealth surges.
America owes $40 trillion, which sounds huge—but Americans also own tons of valuable stuff, so the real picture is more balanced. When you check what we actually own versus what we owe, it helps you stay calm instead of getting scared by big numbers alone.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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