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Gov’t Debt Has Driven Total Debt Growth in the US

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Gov’t is the main driver of total debt growth in the US | #ChartOfTheDay

 

  • Since 2001, US household debt as a % of GDP has remained at about the same level
  • Corporate debt has increased a bit
  • While gov’t debt as a % of GDP has doubled since 2001

 

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Posted in Chart of the Day