After growing for decades, this year the U.S. debt will roughly match its GDP. Throughout history, nations that blithely piled up their obligations have eventually met unhappy ends.

☆ Yσɠƚԋσʂ ☆@lemmy.ml · edit-2 7 days ago

After growing for decades, this year the U.S. debt will roughly match its GDP. Throughout history, nations that blithely piled up their obligations have eventually met unhappy ends.

HubertManne@moist.catsweat.com · 7 days ago

Wow. I had not realized it had fallen so much since 2020. Heck I did not even realize we had went below 100% like back with obama. We finally seemed to have gotten back to before those really bad four years.

After growing for decades, this year the U.S. debt will roughly match its GDP. Throughout history, nations that blithely piled up their obligations have eventually met unhappy ends.

After growing for decades, this year the U.S. debt will roughly match its GDP. Throughout history, nations that blithely piled up their obligations have eventually met unhappy ends.

wsj.com