Essay heading: Economics

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American History

 

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Date added:

April 28, 2002

 

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3 / 805

 

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Also, with the economy being so strong in the 1990s, many foreign companies issued debt in dollars. If the dollar falls, those bonds would all become much less valuable to the investors holding them and in turn much more of a problem for the global financial system. A second article featured in “Economic Trends” concerned increased domestic natural gas production...
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The argument is that the US needs to rely less on overseas suppliers of natural gas and rely more heavily on domestic produced gas. Reports show that tax credits in the 1990s increased natural gas production and it is in the opinion of many that tax credit needs to be issued again today in 2001. It is necessary to do such considering the position that the country is in economically and in regards to our crippled relationship with foreign nations which function as our primary sources of natural gas...
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