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Why Deficits Matter: The International Dimension
Essay specific features
Written by:
Betsy M
Date added:
June 30, 2013
Level:
University
Grade:
A
No of pages / words:
12 / 3191
Was viewed:
1957 times
Rating of current essay:
Essay content:
From 1985 to 2005, foreigners acquired almost 75 percent of the overall increase in outstanding treasuries. From 1995 to 2005, domestic holdings actually fell while foreign holdings grew by twice the aggregate increase. Since 2001, foreign purchases of treasuries have accounted for most of the rise in the total outstanding...
displayed 300 characters
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Since 2001, foreign purchases of treasuries have accounted for most of the rise in the total outstanding.1
These data raise the obvious question of whether the United States in general and the US government in particular have become excessively dependent on foreigners to finance our domestic economy and indeed our federal budget...
displayed 300 characters
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