BREAKING: Senate Foreign Relations Committee approves REPO bill to seize frozen Russian assets for Ukraine. Next step is a full senate vote. I can’t see why anyone would resist having Putin pay for the damage he’s done. This is about to get very real. *****ylv1A1Od2u
That $47.5tn total debt pile has grown further in 2023, which might mean that China has now finally overtaken the US in debt-to-GDP terms (zoomable version of the table below):
https://www.ft.com/content/630f828c-ce4b-4f41-a867-9593bfaf0528