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The red queen race of debt – US public debt set to pass US annual GDP. The 100 percent GDP to public debt threshold i

Posted by drhousingbubble 523 days ago (http://www.mybudget360.com)
Category: Business | Tags: economics housing money real estate
People may not even realize that during the Great Depression, US Federal debt as a percent of GDP did not even reach 40 percent. Part of this was because the size of government was much smaller in military, public services, and entitlements.
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