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News@lemmy.world · 2 months ago

U.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

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U.S. hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic

return2ozma@lemmy.world to

News@lemmy.world · 2 months ago

This rapid debt accumulation is the fastest outside of the COVID-19 pandemic, with the debt having reached $37 trillion in August.

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MrsDoyle@sh.itjust.works
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2 months ago
Thanks! You’re right, it doesn’t make sense. But Norway played it smart with their oil wealth, didn’t they? Tiny country, and there they are lending money to the US.

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