Our National Debt Is Higher Than The Entire World’s GDP!

On top the national debt that is talked about, we actually have several other national debts. These debts include future Social Security and Medicare obligations that are above what expected contributions will be, as well as insurance guarantees made by our government. This does not include most of the $12.8 Trillion that has been spent and/or promised for bailouts and “stimulus.”

The total listed is $78.8 Trillion. This is higher than the GDP for the entire world was in 2008.