Friday, 8 December 2017

America's $20 trillion debt 'should keep people awake at night'

Americans shouldn’t forget their country owes the biggest debt in history, warns the outgoing US Federal Reserve chair Janet Yellen.
"I would simply say that I am very worried about the sustainability of the US debt trajectory. Our current debt-to-GDP ratio of about 75 percent is not frightening, but it's also not low," Yellen said.

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