The US debt is skyrocketing to unprecedented levels not seen since World War II. Our Investing Correspondent Laila Maidan explains how we got there, and how this looming financial crisis could impact you. MORE BUSINESS INSIDER EXPLAINS VIDEOS: I Went On A Date With An AI Chatbot And He Fell In Love With Me | Business Insider Explains https://www.youtube.com/watch?v=luS49hGppxk How To Invest In AI Stocks | Business Insider Explains | Business Insider https://www.youtube.com/watch?v=H3RRDhEgqcM How Elon Musk Makes And Spends His Billions | Business Insider Explains | Business Insider https://www.youtube.com/watch?v=swqHIrY-ni8 ------------------------------------------------------ #debt #economy #businessinsider Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit our homepage for the top stories of the day: https://www.businessinsider.com Business Insider on Facebook: https://www.facebook.com/businessinsider Business Insider on Instagram: https://www.instagram.com/insiderbusiness Business Insider on Twitter: https://www.twitter.com/businessinsider Business Insider on Snapchat: https://www.snapchat.com/discover/Business_Insider/5319643143 Business Insider on TikTok: https://www.tiktok.com/@businessinsider What Happens When the US Debt Reaches Critical Levels? | Business Insider Explains