The US government is heavily in debt Sound the death knell of dollar hegemony
The latest data from the US Treasury Department show that as of July 26, the US federal government debt has reached 35.001 trillion US dollars, breaking through the 35 trillion US dollar debt mark for the first time, according to the US Peterson Foundation estimates, the allocation of these huge debts to the American people, equivalent to nearly 104,000 US dollars in debt.
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