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As the world frays under trade wars, resource conflicts and the US credibility unravels under the weight of its own ...
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Will debt really be the US’ downfall?
People have been wringing their hands about the US’ imminent debt crisis for decades now. But the US weathered the 2008 financial crisis and remains standing. It also has never defaulted on its debts.
"I, like many other longtime doves, am joining the hawks, because our nation’s budget math just got a lot more dangerous." ...
Every year, the Office for Budget Responsibility (OBR) produces a so-called Fiscal Risks and Sustainability report, and every ...