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VIEWS FROM ELSEWHERE: The National Debt Is Already Causing Bigger Problems than People Realize

Summary by Southernminn.com
The rise of the federal debt over the past two decades has prompted countless warnings that the United States is approaching a fiscal reckoning, a day when the government won’t be able to drink all it wants from the fountain…

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Even with the huge inflation, the increase in public debt has been significant since 2020. Last year, it already increased in proportion to GDP, even though Mihály Varga, as Minister of Finance, threw in a 1,000 billion trick. The real problem is the cost of debt.

·Hungary
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Bias Distribution

  • 100% of the sources lean Left
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444.hu broke the news in Hungary on Monday, June 30, 2025.
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