US National debt

US National debt skyrockets to levels unseen since WWII amid COVID-19 shutdown

US National debt skyrockets to levels unseen since WWII amid COVID-19 shutdown

The United States government and the Federal Reserve have taken unprecedented fiscal measures to keep the economy afloat and prevent a new Depression in recent weeks, introducing round after round of new spending and loan guarantees to the tune of trillions of dollars. The US’s national debt and American corporate debt have hit record levels […]