Dossier
Louisiana Purchase
Coverage of Louisiana Purchase in the Nexus archive.
- U.S. debt is a looming crisis today but was once its own revolutionary masterstroke that helped launch a global financial superpower
The U.S. debt, once a masterstroke under Alexander Hamilton's 1790 plan to consolidate Revolutionary War debts, established the nation's creditworthiness and financial power. Today, U.S. debt exceeds $39 trillion, raising concerns over sustainability as interest costs surge and fiscal policies remain unaddressed.