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Декабрь
2024

Is US $36 trillion debt spiral leading us to economic ruin?

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America's national debt has surpassed $36 trillion, exceeding the entire economy's size. Despite Ronald Reagan's warnings in 1981, mortgage rates and inflation remain lower than during his era. Foreign creditors continue to invest heavily in US bonds, a testament to America's global economic and military strength, resulting in lower borrowing costs for the nation.



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