There is a lack of buyers for US Treasury debt. Rating agencies have recently downgraded the US debt, and entitlement benefits’ “trust funds” will go into the red in a few years. The classical economists offer few answers to the depth of this problem.
Original Article: Can Classical Economics Explain the Approaching Fiscal Disaster?
What's your reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0