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national debt

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Is America Going Broke?

by Michael Creel | March 26, 2008

Is the United States going broke?
Many would roll their eyes at this notion; they would tell you that the country has never defaulted on its debt that its long-term interest rates are historically low; that the dollar is the world’s reserve currency; and that China, Japan, and other countries have an insatiable demand for U.S. [...]

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