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US Debt Surpasses $40 Trillion: Who Does Uncle Sam Owe?
The US national debt has exceeded $40 trillion, raising questions about who holds this massive liability. Contrary to popular belief, China is not the largest creditor. Instead, domestic entities like the Federal Reserve and American investors play a significant role in financing this debt. Understanding the implications of this staggering figure is crucial for economic stability and future fiscal policies.
βοΈ AI Verdict
"Looks like Uncle Sam's credit card is maxed out!"
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File ID: #382986Original Source: Times Of India β
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