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The national debt lie that makes the rich even richer
The world's national debt stands at roughly $100 trillion. The US national debt alone is heading for $36 trillion — a third of the global total. The UK, France, and Germany each owe over $3 trillion, while Japan's debt-to-GDP ratio exceeds 200%. Right-wing politicians constantly warn that this government debt is a burden on future generations. But who actually owns all this debt — and who benefits from it? [...]