Today, the national debt that Hamilton began with a bank loan of $19,608.81 is the largest single entry on any set of books in the world. The federal government pays $19,608.81 in interest on its current debt every 2.4 seconds.
What would Hamilton think of his creation today? He would surely be impressed with its sheer size, although he would note that relative to the American GDP, about $14 trillion, it is "not excessive." But he would, I suspect, not be happy with what borrowed money is being used for. Hamilton saw the debt as a powerful means of fighting wars, building infrastructure, and getting through economic bad times. For the last 30 years and more, however, the national debt has been increasingly used so that no one in Washington ever has to say no to anyone.
It sounds like you might have a list to choose from, but there is nothing here. Is there more to the question? :)
The Bureau of Refugees, Freedmen, and Abandoned Lands, usually referred to as simply the Freedmen's Bureau, was a U.S. federal government agency established in 1865 to aid freedmen<span> (freed slaves) in the South during the Reconstruction era of the United States, which attempted to change society in the former Confederacy .
I hope my answer has come to your help. God bless and have a nice day ahead!
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I believe the answer would be France and the Soviet Union.
