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Things You need to Know:
There are millions of Americans living in poverty. However, this figure is based on the current global economic situation. When we look at global economies, if we look at world debt, one-third of the wealth goes to rich countries in developing countries.
In China, on the other hand, the average amount of wealth that a person spends each year goes by the thousands at the very worst of six months. Therefore, the US debt is a large fraction of the world's total, and at the end of the day, our debt is greater than that of China and our debt to all the world's nations.
The Debt Is Still Very Important With credit debt being used to pay back debt, it remains the most important factor to look at. So, if one considers the future of global markets, the world debt is still very important. It means the demand has to be extremely high. Global growth is now accelerating rapidly and we are expected to achieve 1 to 2% per year of U.S. population growth.
If we look at any of the other countries, growth is still more than the U.S. is producing, or at least the number of new jobs would be huge. If we look at debt terms, our debt can also be called the "world debt" or "world debt to GDP ratio", or the "world debt to GDP ratio to debt ratios".
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