Here's why America's debt binge should worry Australians
Governments across the world are spending beyond their means.
When America's national debt surged to $US40 trillion last week, it led to a bond market sell-off, which was countered by the US government.
It's become an epic battle that could affect every Australian.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.abc.net.au — the content belongs to ABC News Australia - Top Stories.
