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U.S. debt is so dire it now resembles the student loan crisis

U.S. debt is so dire it now resembles the student loan crisis

The U.S. is inviting a debt shock if it continues on its current trajectory, which is starting to look like unsustainable student loans, according to Jared Bernstein, who previously served as the chair of President Joe Biden’s Council of Economic Advisers. In a New York Times op-ed on Wednesday, he acknowledged that he was once a longtime dove when it …

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