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USA and its debts

Posted: 05 Feb 2025, 14:32
by Dama
In the past 50 years, US had surplus only 5 times. For the rest of 45 years, its has borrowed to cover its expenses. In 2025, US debt is projected to be 126.4% of its GDP= $36.22 trillion.
If you borrow to gift others, you got to have some sinister cause.