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We went into debt though less for projects and more towards entitlements. Our wars were less against countries and more towards combating terrorism although the costs weren't any less substantive. We have certainly had our share of state takeover of personal debts. The bailouts of 2008-2009 moved private debt towards anyone. More surreptitiously, the unofficial financial arm of your government (the Fed), has undertaken huge acquisition of public and personal debt since 2008 to the tune of trillions. Lots of the private debt is incorporated in the form of home mortgages. This Fed action does not allow rational pricing in the market industry and Crypto X Profit Login usually distort stock market.
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