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Australia's national debt has hit $1 trillion but there's another figure that's more important

As the US crosses the $40 trillion mark it's easy to look at dollar signs but ratio to GDP is more relevant, writes Ian Verrender.

Photo: ABC News

As the US crosses the $40 trillion mark it's easy to look at dollar signs but ratio to GDP is more relevant, writes Ian Verrender.

Originally published by ABC News. Read the full story at the source →

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