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Debt has always been the ruin of great powers. Is the US next?

Summary by Wall Street Journal

From Habsburg Spain to Trump’s America, there’s no escaping the consequences of spending more on interest payments than on defense.

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From Habsburg Spain to Trump’s America, there’s no escaping the consequences of spending more on interest payments than on defense.

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Wall Street Journal broke the news in New York, United States 1 day ago on Saturday, February 22, 2025.

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