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by Stealthisbook
1127 days ago
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US government debt is mostly bought by Americans who might reasonably be expected to step up and take a loss for their country. The rest is countries like China who are looking safely stash some money or to get dollar currency to make purchases denominated in dollars. The US government has, from its inception, pretty much operated with a deficit and done fine. With such a gargantuan GDP and supreme position in foreign relations, the US should be a utopia for its citizens |
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