When interest on national debt overtook military spending, it triggered a limit where the U.S. may ‘cease to be a great power’, warns Hoover historian

When interest on national debt overtook military spending, it triggered a limit where the U.S. may ‘cease to be a great power’, warns Hoover historian

"The debt burden draws scarce resources towards itself, reducing the amount available for national security, and leaving the power increasingly vulnerable to military challenge."

Original Source

Read the full article at Fortune →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.