The United States has been the world’s largest creditor of debt for decades, and the U.S. government has been one of the biggest lenders of it.
But the government’s debt burden is getting more than $20 trillion in the red, a problem that’s caused by high interest rates, a recession and a slowing economy.
A new study by the U-M Economic Policy Institute and The Economic Policy Research Institute is based on a new analysis of government and private-sector data.
Its findings are part of the ongoing debate over how to pay down the debt, and could have significant implications for retirees and those trying to save for retirement.
The U.M. EPI/EPI analysis, which looks at debt levels in the U., Europe, Japan, Australia, and Canada, is based largely on Treasury securities, or Treasury bills, which are issued by banks.
It estimates the government debt levels that the public holds as a percentage of GDP and compares that to the levels that a federal agency or federal agency-designated entity holds.
The EPI and EPI estimate that the U, European and Japanese governments have more debt than they have economic output.
That means they have more money than they spend, which means they must borrow more money to pay for public services.
But that means the government can borrow more to pay those debts, and it has, to varying degrees, since the late 1970s.
The government can’t just print more money, either.
The report finds that in recent years, the government has run up $4.2 trillion in debt, or roughly 30 percent of GDP.
That’s more than twice the amount that private-equity firms like Blackstone and Citadel Capital hold in their portfolios.
The debt burden also grew in the first quarter of 2021 compared with the same period in 2021, which was the first time in history the public debt was higher than private debt.
The increase was particularly sharp in Germany, which held about $5.9 trillion of government debt, compared with about $3.5 trillion in Japan and the $1.9 billion in Australia.
The findings have some implications for the government.
While the U is the world leader in government debt at about $20.2 billion, the EPI said that the total debt load in the country is much lower than in other countries.
It also says that the United States is not as indebted as some other nations, such as Japan and Australia, which have about $12 trillion of total debt.
In the EPEI/EPi report, the U has a lower debt-to-GDP ratio than other countries because of the strong economy and the relative stability of the U’s financial sector, such that the country’s debts are spread evenly across the economy.
It’s also because the U was hit hard by the Great Recession, the report notes.
In the first three quarters of 2021, the debt ratio in the United was just below 50 percent, and that ratio is projected to be even lower by the end of 2021.
The U. also had a high debt ratio among large corporations, with about 37 percent of its debts.
The study also found that government debt in the second quarter of 2022 was lower than the same quarter in 2021.
That may be due to the fact that the government spent a lot of money on stimulus spending in the years after the Great Depression, but the EPUI/ESI analysis found that the spending was not matched by the revenue from taxes.
For example, a $1,000 tax on a $100 home is equivalent to $0.08 in revenue to the government, and so the government is spending more than it is collecting from taxes on the home.
The government also used more than half of its money to finance new infrastructure projects, which would help it avoid the kind of austerity measures that would cause other countries to run into debt problems.
The federal government spent about $6 trillion on infrastructure in the past five years, but less than half the money went toward infrastructure in 2021 as the economy had slowed down.
In 2020, it spent about 30 percent.
The authors say that the EPPI/EPI analysis provides a better understanding of what the government was spending money on during the Great Financial Crisis, but also helps to shed light on what is likely to happen with debt levels as the Great Global Recession fades away.
They note that the Federal Reserve’s monetary policy decisions, which helped push the economy into a recession, helped push up the cost of borrowing, but those decisions have also helped the U debt-heavy economy and are likely to affect the debt-ridden U in the future.
The researchers are optimistic that a fiscal stimulus package will be introduced by the next president to tackle the debt problem.
“The federal debt burden can be seen as a stabilizing factor for the country and could be a key component of any fiscal stimulus strategy,” the authors wrote.