Catch up locals' news in English
2020-10-20T19:48:51.939Z
The United States has the largest government debt in the world. How could that be? Both Democratic and Republican presidents have borrowed huge sums. This can be done because the dollar is the world currency and interest rates have been low.
At present, the United States has a national debt of $ 27,000 billion, which is $ 82,000 for every citizen in the country.
For a long time, debt grew at a steady pace, but since the 1980s, the mountain of debt has grown faster and faster.
See the entire Ekonomibyrån on SVT Play here.
Source: svt
