Yeah. I don't quite know what the article author meant when he said that either. Perusing these two US Treasury tables, I get a distinctly different impression:

Yeah. I don't quite know what the article author meant when he said that either. Perusing these two US Treasury tables, I get a distinctly different impression: https://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm https://www.treasurydirect.gov/govt/reports/pd/histdebt/hist... https://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm https://www.treasurydirect.gov/govt/reports/pd/histdebt/hist... I guess it depends on what the meaning of "close" is.