Owning Up to What We OweOwning Up to What We OweOwning Up to What We Owe 

Summary US national debt held by the public now stands at around 100% of GDP — approaching post-WWII highs and well above the 90% threshold that academic research flags as a danger zone for growth. Despite these worrisome milestones, the US retains several important advantages that, in our view, make an imminent crisis unlikely — […]
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