The United States has almost $22 trillion in debt which trades daily as government bonds obligations,
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The United States has almost $22 trillion in debt which trades daily as government bonds – obligations, which, in theory, will have to be retired when they mature. Lately real interest rates have been below 2% reflecting an economy struggling to grow. What impact will that have on the ability to retire the debt?
Related Book For
International Business Law and its Environment
ISBN: 9781305972599
10th edition
Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge
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