America’s Debt Just Crossed a Line Not Seen Since WWII
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America has spent decades borrowing against its future, and that future is getting more expensive. Washington’s debt has climbed through recessions, wars, financial crises, and the pandemic, while the federal government continues spending more than it collects. For investors, the concern isn’t simply how much Washington owes. It’s how much the government must pay to keep borrowing,
America has spent decades borrowing against its future, and that future is getting more expensive. Washington’s debt has climbed through recessions, wars, financial crises, and the pandemic, while the federal government continues spending more than it collects. For investors, the concern isn’t simply how much Washington owes. It’s how much the government must pay to keep borrowing,
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