US DEBT

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Are We In Too Much Debt?

Debt is necessary for households to build assets and improve human capital while for the government, it facilitates government investment in the society. Debt helps companies to grow and develop. However, excessive debt held by households, companies or the government may create potential financial or economic instability.
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The Bigger Worry For Canada

The U.S. government shutdown dominated headlines on both sides of the border Tuesday, but economists say there is little chance of the shutdown harming the Canadian economy unless it drags on past the...