The U.S. national debt is now larger than the economy as a whole, hitting levels not seen since the aftermath of World War II, new data has revealed. Figures released by the Bureau of Economic Analysis Thursday place the total debt held by the American public at $31.27 trillion as of March 31. Meanwhile, the country’s nominal gross domestic product was estimated at $31.22 trillion, meaning the national debt as a percentage of GDP stands at 100.2 percent, putting it on course to challenge the historic 106 percent recorded in 1946 during demobilization. The debt stood at 99.5 percent of GDP at the end of the 2025 fiscal year in September, revealing how quickly it has climbed.

      • bedwyr@piefed.caBanned from community
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        20 hours ago

        I’m not entirely certain that the administration will have the juice to start shit with Cuba let alone Greenland after they flubbed Iran so bad.

        This Iran thing is never going to end by the way. Even when it ends it won’t end, Israel will reach across the border for whatever pretexts for domestic political reasons. This is a Forever War.

        But the president wants to start shit with Greenland for the express purposes of pulling us out of NATO, and that is why he is trying to increase the military budget to 1.5 trillion, to make up for all the arms sales they would lose pulling out of NATO.

        It really is like that.

    • bedwyr@piefed.caBanned from community
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      20 hours ago

      For the record, Iran is the near East.

      • frongt@lemmy.zip
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        19 hours ago

        Arguable, depending on your definition. But Iraq is nearer to Europe and it’s been labeled “middle east” without objection for decades.

        • bedwyr@piefed.caBanned from community
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          19 hours ago

          It is not arguable, Iran is the near east. That you are unfamiliar with the definitions does not make it arguable, it just makes you ignorant, and what is the word for refusing to recognize you do not know what you’re talking about? That word.

          • tomi000@lemmy.world
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            9 hours ago

            Interesting how nasty someone can become when so overconfidently incorrect. Im wondering how that happens? How would you become so convinced you know what the middle east is when you simply dont?

          • atzanteol@sh.itjust.works
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            19 hours ago

            It’s both akshually. “Near East” and “Middle East” overlap in standard accepted meanings (in the eurocentric view of things at least). Iran is generally included in both definitions.

            I think you owe somebody an apology.

            • bedwyr@piefed.caBanned from community
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              18 hours ago

              I wouldnot because Iran is the near east, turkey is Asia Minor, and Mesopotamia to Egypt is the Middle East, west of there is North Africa. I did not make these definitions, but if you actually read any fucking books you would know it already.

              • king_comrade@lemmy.world
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                10 hours ago

                You are profoundly ignorant of how language functions. You are not smart, you are grand standing in an argument of semantics. Ridiculous mate.

              • amorangi@lemmy.nz
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                17 hours ago

                Did it occur to you that different countries have different definitions? Not everyone uses the euro centric definitions. No one in my country would use the term Near East for Iran, given that it’s Very Far West. Southern Asia here is more likely to mean Indonesia, but South Asia in UK means India. Fanny means bum in USA, vs cunt in UK. Are you going to argue this as well?

                • frongt@lemmy.zip
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                  16 hours ago

                  The near/middle/far east terms are all eurocentric, yes, but I don’t think anyone uses them as geopolitical terms in reference to other regions, especially in English.

                  • Zoot@reddthat.com
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                    16 hours ago

                    Funny cause the US definition for what’s considered middle East is as follows (and you would know this is you just looked it up); Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, the United Arab Emirates, and Yemen.