I Like to Think Our Debt is $4 TRILLION, NOT $16! Math lesson 3

By Daniel McKay
I Like to Think Our Debt is $4 TRILLION, NOT $16! Math lesson
There seems to a major lack of thinking out there. Our net debt is more like 4 trillion, not 16.  It is called the NIIP (Net international investment position), the amount a country owes if they were to “cash in” and “pay out”. In the case of the United States, according to the BEA (Bureau of ...