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Tuesday, March 20, 2018

USA national debt has just crossed US$21T.

https://www.cbsnews.com/news/under-donald-trump-national-debt-tops-21-trillion-for-first-time-ever/

The USA will find it increasingly difficult to fund its economic developments with credit financing because the recent bond sales have been underwhelming.  The USA is currently paying about US$200b in interest on a monthly basis.  How long do you think the USA is capable of paying its national debt dues?

The USA national debt is expected to top US$30T within the next decade.

Do you still have faith in the USA's economy?


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