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America's Growing DebtReports Stuart Ryan, 26th November 2010
International Monetary Fund (IMF) figures show US debt is currently $13.8trillion and is set to continue to rise in 2011. This will lead US debt to increase to over 99% GDP, a significant level. The IMF also highlight that the period in which a country has until their debt is due is a good indicator of their vulnerability and at present the United State average loan length is much shorter that the majority of Europe. For an interesting graphical take on this please click here.
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