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Entries Tagged as 'economy'

$9 Trillion Deficit for the US

June 15th, 2007 · 2 Comments

Just read an interesting article on Moneyweb.
The world today - Is a global economic crash possible?
I read a couple of the lines a few times. This one in particular stood out:
American federal debt stands at $9trn (it was $16bn in 1929) it is no longer self sufficient in energy and imports over 60% [...]

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Tags: economy