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Economy

“America will be left with ‘severe, irreversible scars’ if national debt goes unchecked. Now, a blockbuster report warns the [debt] is higher than believed…”

“National debt is fast becoming the thorn in the side of the American economy that nobody wants to extract—and it will continue to cause damage, sending the U.S. into financial crisis and 10 years of stagnation.

That is increasingly the opinion of a growing number of experts who are sounding the alarm over the pace at which the U.S. government is gathering debt. More important, they fear this debt will mean the country will not be able to afford necessary borrowing in the future, in addition to the funds needed to service existing debt…”

https://finance.yahoo.com/news/america-left-severe-irreversible-scars-113555033.html

If you’re a young person do not expect social security, pensions or 401k’s. The US government is running out of money. The dollar will collapse before then. There’s to much debt.

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