America's fiscal debauchery is getting serious. Chronic levels of debt have the potential to create havoc across the world's financial systems

Source :: Daily Telegraph (London, England). August 16, 2024, 21
Publication Year :: 2024
Abstract: Byline: AMBROSE EVANS-PRITCHARD Never before has the US entered an economic downturn with a combined federal, state and local budget deficit anywhere near 8pc of GDP. It is a global [...]

Subjects :: United States. Department of the Treasury -- International economic relations
United States. Federal Reserve Board -- International economic relations
United States economic conditions -- Economic aspects
Treasury securities -- Economic aspects
General interest

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