Detailed text transcripts for TV channel - CNN - 20190717:18:31:00
Not hit new record levels. you. >> say there are three big reasons why this should matter to everybody out there. the potential impact on american consumers is higher mortgages, higher car loans, higher credit card payments. explain why you believe higher national debt leads to these three things. >> when the u.s. is borrowing, it means we're borrowing from somewhere else. one lucky thing we've had is that interest rates have stayed low, because so many people want to lenned to the u.s. at the same time, we're seeing the entire world get overindebted. we don't know how long other countries wil...
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