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3min chapter
Virtual card transactions to increase 388% by 2028 thanks to API platforms - (TREASURY NEWS)
OpenTreasury
Introduction
This chapter delves into the rising national debt in the US, which has exceeded $33 trillion, and explores the factors contributing to its accumulation, including wars, recessions, and the COVID-19 pandemic. It further addresses billionaire investor Ray Dalio's apprehensions regarding the consequences of high debt levels on economic growth.
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