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Bretton Woods unraveling: Why US Debt is now a Geopolitical Weakness – OpEd
On the Fourth of July, while Americans were watching fireworks light up the sky, President Donald Trump was lighting a fuse of a different kind. With the stroke of a pen, he signed the One Big Beautiful Bill Act – a name that sounds like a marketing gimmick for a Vegas casino – raising the U.S. federal debt ceiling by $5 trillion. That’s right: not million, not billion, but trillion, pushing the total debt to an eye-watering $41.1 trillion. Happy Birthday, America. [...]