Mzuvendi
JF-Expert Member
- Apr 28, 2009
- 561
- 544
I haven't been around for a while. Anyway, the truth of the matter is the credit worthiness of a country can be measured and determined. So far, all credit agencies confirm that the US is a top notch borrower. So the risk you have mention above does exist, albeit remotely.Thank you for your response. However, I may be highly likely guessing right that you missed the info of US becoming a high risk borrower! US dept is irreparable!!! Read this below while regarading the unpredictability of the US future economic trends. The unpredictability of US economic trend is due to the US government being obssessed to the so called “off-balance-sheet” liabilities.
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An Overlooked Way to Reduce the U.S. Debt While Boosting Growth