Public Debt: how much is too much? | The Economist

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The covid-19 pandemic has increased public debt to levels last seen after the second world war. How does public debt work?

 

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A sad day for democracy. A Deep State Globalist coup.

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Unions demand Biden cancel student debt for public service workersThe unions say the relief is needed because the Education Department’s existing Public Service Loan Forgiveness program has been plagued by problems and mismanagement. What might be better if they could be allowed special lower rates as long as they work in public service I am in agreement.
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Puerto Rico board reaches tentative deal to partly reduce public debtA federal control board that oversees Puerto Rico’s finances announces it has reached an agreement in principal with creditors to reduce a portion of the U.S. territory’s more than $70B public debt load. Statehood for Puerto Rico 🇵🇷 Puerto Rico statehood they have been treated as if they were second-rate citizens of this country for far too long and Trump exemplified and exacerbated that issue with his treatment of them after Hurricane Maria they still have not received the aid that was designated for them. I think you mean an agreement in PRINCIPLE, not principal.
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