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S2EP1: 💸 National Debt Unleashed: $32 Trillion and Counting! 💥
The national debt is now soaring to unprecedented heights—$32 trillion!<br/><br/>Merely weeks after the enactment of the Fiscal Responsibility Act of 2023, we find ourselves at this staggering milestone.<br/><br/>The velocity of debt accumulation is awe-inspiring, surpassing previous records with every passing moment. At a debt-to-GDP ratio of around 120%, the intricate dance between financial stability and burden unfolds before us.<br/><br/>The National Association of Home Builders (NAHB) holds the key to sentiment!<br/><br/>Picture this: their index, which stands at a neutral 50, has taken a leap towards positivity—an exhilarating shift. It's been over a year, since July of last year, that we've witnessed such a positive outlook.<br/><br/>#KPTalks #KPTalksDollarsandSense #nationaldebt #debttoGDP #NAHBindexThanks for listening! Follow me on Spotify and Apple Podcast.<br/><br/>