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America's debt exceeds all gold mined
Reports indicate that the U.S. national debt has surpassed $40 trillion for the first time in its history, exceeding the total value of all gold mined since the dawn of history, which amounts to approximately $33 trillion. The American debt increases by about $7 billion daily, and the average American's share of this debt is roughly $117,000. The debt has doubled over the past decade, from less than $20 trillion in 2016, and is now greater than the gross domestic product (GDP) of over $32 trillion. It also surpasses the combined economies of China, Germany, Japan, and the United Kingdom. Experts warn that this unsustainable growth threatens to significantly escalate America's debt.
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