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News@lemmy.world · 3 days ago

U.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

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U.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

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News@lemmy.world · 3 days ago

This rapid debt accumulation is the fastest outside of the COVID-19 pandemic, with the debt having reached $37 trillion in August.

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As much is it wouldn’t be fun to live through, it’s good in the long term

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