The U.S. national debt is climbing at a rapid pace and has shown no signs of slowing down, despite the growing criticism of massive levels of government spending. The national debt — which ...
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Public Debt Edges Up in the U.S., EU and ChinaPublic debt levels have ticked up again in the United States ... government expenditure exceeds government revenue, this is referred to as a budget deficit (as opposed to budget surplus). This ...
A default on US government debt would dramatically shake that confidence. The dollar's value could plummet as the world financial system prices in a dollar that isn't reliable — or seeks an ...
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