Market Review and Trends
[Post 623] How the U.S. Spent $1.4 Trillion in Debt Last Year | WSJ
By Sonicericsg  •  March 16, 2023
Summary The United States relies on taxes and debt for much of its spending — but what would spending cuts look like? Just last year, the U.S. took on over a trillion dollars in debt. WSJ explains how much the Treasury relies on debt, where it goes and what happens when the Treasury hits the debt ceiling....
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).

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