Just like China, America binged on debt too, in this case student debt. A hot topic in America is writing off student debt.
Read the article: The Fed's Financial Accounts: What Is Uncle Sam's Largest Asset?, but a picture (or two) speaks 1000 words.
Snap Judgment
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FEEDNot sure what else to say on this: the gap is almost closed, and this
company is a third-tier social media outfit.
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