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Three Views: Is the 17 Trillion Dollar Federal Debt Immoral?

9 January, 2014 Business, Econ, Marketing

Three Views: Is the 17 Trillion Dollar Federal Debt Immoral? — The debt to gross domestic product (GDP) ratio sat at 107 percent. The U.S. credit rating had fallen to AA plus, with a negative outlook—the first time our rating has been downgraded. When a country borrows this much in excess, it risks spiritual bankruptcy.

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