this post was submitted on 18 Aug 2026
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Economy

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America Is About to Cross $40 Trillion in Debt: The First Trillion Took 192 Years, the Last One Took About 5 Months (finance.yahoo.com)
submitted 3 days ago by return2ozma@lemmy.world to c/economy@lemmy.world
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[–] moldy_rice@piefed.keyboardvagabond.com 1 points 3 days ago

Why? The rich ones are the ones holding the debt.