#debt

On 16 September 1985, when the Commerce Department announced that the United States had become a debtor nation, the American Empire died. ↗

— Gore Vidal

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#american empire #announced #become #commerce #debtor

Energetic action on debt would make a radical difference to the prospects of many of the poorest countries in the world, at no practical cost to creditor countries. ↗

— Kenneth Clarke

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#cost #countries #creditor #debt #difference