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Archive for August 18th, 2013

U.S. National Debt Really over $70 Trillion?

Sunday August 18th, 2013   •   Posted by Craig Eyermann at 2:20pm PDT   •   6 Comments

University of California San Diego economist James Hamilton recently published a paper in which he added up all the off-balance sheet liabilities, or rather, the hidden debt obligations that the U.S. federal government isn’t acknowledging that it has on its books. In totaling up the numbers, Hamilton finds that the actual size of the…
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