this post was submitted on 10 Jul 2026
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United States | News & Politics

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U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts (finance.yahoo.com)
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[–] yogthos@lemmy.ml 2 points 18 hours ago (1 children)

not the entire world's, just the Western financial system

[–] Car@lemmy.dbzer0.com 1 points 2 hours ago

Can’t think of many countries which do not participate in the global economy. You don’t need to use the dollar or trade with the US to be affected by a financial crisis outside of your borders.