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How $100T Debt Time Bomb Fuels America’s Looming Fiscal Crisis
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How $100T Debt Time Bomb Fuels America’s Looming Fiscal Crisis

from Sputnik News: The $34 trillion US debt is just the tip of the iceberg – unfunded obligations make the insolvency crisis far worse, Marc Ostwald, chief economist at ADM Investor Services International, told Sputnik. The unfunded liabilities—over $100 trillion—from Medicare and Social Security don’t show up on traditional debt balance sheets, but they are very real […]
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