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U.S. debt currently stands at over $14.5 trillion (which, by the path, works outside to roughly $130,000 per U.S. taxpayer). That’s a massive amount of debt. And if you’ve been listening to the news lately, you’ve likely heard that the Democrats and Republicans are deadlocked over something called the debt ceiling. I will attempt to clarify how this impacts you and your portfolio, however first, let’s commence by understanding a hardly any terms.
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