Total indebtedness including that of federal and state governments and consumers has fallen to 3.29 times gross domestic product, the least since 2006, from a peak of 3.59 four years ago, according to data compiled by Bloomberg. Private- sector borrowing is down by $4 trillion to $40.2 trillion.
Tuesday, October 09, 2012
U.S. Downgrade Seen as Upgrade as U.S. Debt Dissolved - Bloomberg
U.S. Downgrade Seen as Upgrade as U.S. Debt Dissolved - Bloomberg
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