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Increased interest payments. The government is borrowing money to pay the interest on previous debt ceiling rises. Ok, it's more complicated than that. The bott
by GianFabien 3y ago
Increased interest payments. The government is borrowing money to pay the interest on previous debt ceiling rises. Ok, it's more complicated than that. The bottom line is that the USA is importing more goods and resources than it is exporting.
The USA's Gini Coefficient has been trending upwards for decades. Not encouraging for those who are not amongst the top 0.01%.