USSR Did Something America Will Never Do…..
It has paid off its debt. Which begs the question……who actually won the Cold War?
When the Soviet Union collapsed in 1991, the newly formed Russian Federation inherited a growing external debt of over $66 billion with barely a few billion dollars in net gold and foreign exchange reserves.
In the meantime, the US National Debt is at a mind numbing $20 Trillion and growing exponentially. Enjoy this nice debt clock.