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.
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Coercive Acts
The First Continental Congress was prompted by the Coercive Acts, known in America as the Intolerable Acts, which Parliament passed in early 1774 to reassert its dominance over the American colonies following the Boston Tea Party.
Explanation:
hope this helps boo
Ferdinand Magellan,
but he died halfway through.
Answer:
<em>The enmity between the two countries had long historical roots and racist underpinnings: Dominicans, with their Spanish culture and largely European ancestry, looked disdainfully upon black Haitian labourers; however, the Dominican economy depended on cheap Haitian labour. François Duvalier, 1963.</em>
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<em>I </em><em>hope</em><em> this</em><em> helps</em><em>!</em></h3>
