Question 1
The articles assess the level of foreign debt of the U.S.A economy and its sustainability. The authors are optimistic that the U.S.A economy will continue to grow despite the high foreign debt level. The authors debunk the arguments by doubters as to why the current foreign debt of the US is unsustainable. According to critiques, the high foreign debt coupled with excessive government spending and a low domestic savings rate is likely to reduce the attractiveness of the US as an investment hub. Investors would look for alternative investments and reduce additional investments in the US that will consequently Continue reading...
