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Total debt increased just over $7 trillion in the last year with 60% of increase from government sectors

 Interesting observation by Eric Basmajian "Total debt across all sectors of the economy increased just over $7 trillion in the last year, according to the Z.1 Financial Accounts. About 60% of the increase came from the government sector (mostly Federal), while the business sector followed with about 20% of the increase." At these levels of Debt/GDP, marginal returns get lower and lower.
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