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00:00The United States is suffering from a large amount of debt, and the amount of the US government debt has increased by 50% compared to the 2020 equations.
00:09We are talking about the coronavirus equations.
00:11Federal funds amounted to $35 trillion and increased by $11 trillion compared to the 2020 March equations.
00:19And now it is 120% as a percentage of the total local income.
00:24As for the total U.S. debt as a percentage of the total local income, expectations point to an increase of about 116% over the next decade.
00:35And also Jerome Powell, the US federal president, said that the United States is suffering from a large structural deficit and must deal with this matter as soon as possible.
00:44As for the U.S. deficit as a percentage of the total local income, expectations point to a somewhat stable 6.2% level by the year 2034.
00:56As for the debts owed to the general public, a deficit of $27 trillion has been exceeded and expectations point to an increase of 99% as a percentage of the U.S. economy to 116% over the next decade.
01:11As for the U.S. deficit as a percentage of the total U.S. economy, expectations point to an increase of $2.6 trillion.
01:19Also, the U.S. interest rates have increased significantly.
01:23As a result, the U.S. debt has increased by $516 billion in the current financial year.