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Greg Ip, industry influencer, reports that the U.S. national debt has now exceeded 100 percent of gross domestic product, crossing a historic threshold. As of March 31, publicly held federal debt was at 100.2 percent of the 12-month trailing nominal GDP, up from 99.5 percent on September 30.
Greg Ip has moderated events on related fiscal topics in the past. He announced he would lead a Wednesday panel on current account imbalances with leaders from the IMF and Bank of England. The event gathered experts to discuss global economic flows.