"Would the U.S. be in as much debt as they are now if they outlawed interest?"

Before I get to the actual number, let us do a little bit of number imagining so you can actually understand what these numbers mean. If I give you 1000 dollars in a suitcase, that is easy to imagine; you have 1000 dollars. If I give you 1000 of these 1000 dollars, then you have 1 million in a suitcase. If I give you 1000 of these of these 1 millions, then you have 1 billion in a suitcase. If I give you 1000 of these 1 billions, then you have 1 trillion. So how much is the U.S. debt?

It is 14.46 trillion dollars.

How much is the U.S. GDP? (GDP is the total amount of money and goods you have in a country. If you have a car business; it would be like your car business plus whatever cash you have in the bank from it. The GDP is the country's total amount of "cash" plus value of goods, etc.) The U.S.'s total GDP is 14.66 trillion.

So the U.S. debt is 98% of it's GDP.

It would be like you having a car business that is worth 100,000 dollars but you owe people 98,000 dollars.

The U.S. is accumulating 3.87 BILLION dollars worth of debt per day since 2007. It is spending 10 BILLION DOLLARS A MONTH just on the Afghanistan war.

This August the U.S. will run out of money unless it can raise money somehow and if it fails, it will default on it's loans (meaning, it won't be able to pay it back.) It's biggest creditor is China by the way.

(Although most are ignorant and not accepting of Islam) This makes you appreciate Islam even more because INTEREST on loans is outlawed and a major sin.

- Sister Latifa

The next thing I would like to know is: what kind of debt do countries who execute Shari'a Law have? I'd just like to know their numbers so I may make an educated comparison and not just believe things just because we share similar "religious" beliefs. We could assume that the U.S. might have lower debts if interest was not involved. However, bigger things such as the continuation of unnecessary events like unexplained occupations in foreign countries or exponential spending on weaponry, might be what's holding us back. Maybe the real question is: Would the US be in as much debt if we didn't focus so much of our spending on such things? Just maybe. :\