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US added more debt on Monday than...
Posted on 10/4/12 at 12:24 pm
Posted on 10/4/12 at 12:24 pm
3
Posted on 10/4/12 at 12:48 pm to Zach
I know there was a point in history, or maybe a couple where the federal debt was completely paid off. So this article probably isn't completely accurate.
Still, 90+ Billion in new debt. It's obscene.
Still, 90+ Billion in new debt. It's obscene.
Posted on 10/18/12 at 9:33 pm to ZereauxSum
Posted on 10/18/12 at 9:36 pm to Zach
When the Treasury can sell 10 and 30 year debt at current rates, they'd be foolish not to.
Also keep in mind that $90 billion back then was an enormously bigger share of GDP. This isn't really very comparable.
Also keep in mind that $90 billion back then was an enormously bigger share of GDP. This isn't really very comparable.
Posted on 10/19/12 at 2:15 pm to Zach
What is the US debt to asset ratio Zach?
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