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The Right Coast
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Wow, That Was Fast: Debt Out the Wazoo | Wolf Street

By Thomas A. Smith

On February 19, when the debt had soared by $1.3 trillion in 12 months to $23.3 trillion, I mused: But these are the good times. And we don t even want to know what this will look like during the next economic downturn.

Turns out, we didn t get a regular economic downturn. We got the most epic and sudden economic downturn ever. And now we re beginning to know what this looks like in terms of the US debt.

via wolfstreet.com