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The G20 Is Over, Huawei Teardown Surprise, US Deficit Hits Silly Money

Multipolarity

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US Budget Deficit Doubles to Two Trillion Dollars

This chapter discusses the shocking projection that the US budget deficit will double to two trillion dollars by 2023, with a deficit as a percentage of GDP reaching nearly eight percent. It highlights the unusual combination of low unemployment rates and a high government deficit, expressing concern about the lack of concern surrounding it.

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