While failure to raise the US debt ceiling would be catastrophic, taking on more debt is a crisis itself.
— The Kobeissi Letter (@KobeissiLetter) May 5, 2023
The US has added $8 trillion in debt since 2020 and $22 trillion since 2008.
It took the US 230 years to add the first $8 trillion in debt and just 3 years to add the last…
International business news with a side of AI
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