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(Image from article: "National debt nears size of U.S. economy")

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National debt nears size of U.S. economy

The Obama administration won a reprieve this week from some particularly scary economic news that had been projected to occur around around Halloween. The news: The ever-escalating national debt will hit and then surpass the size of the entire U.S. economy -- an ignominious distinction previously achieved by the likes of Japan, Italy and Greece.

Senh: Wait, how is Japan able to stay afloat with a debt-to-gdp ratio of 220%?!

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