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How high can US debt go before it triggers a financial crisis?

  • Written by The Conversation
How high can US debt go before it triggers a financial crisis?rarrarorro/Shutterstock

The tax cuts bill currently being debated by the US Senate will add another US$3 trillion (A$4.6 trillion) to US debt. President Donald Trump calls it the “big, beautiful bill”; his erstwhile policy adviser Elon Musk called it a “disgusting abomination”.

Foreign investors have already been rattled by...

Read more: How high can US debt go before it triggers a financial crisis?

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