Writing in Foreign Policy, economist Dambisa Moyo paints a nightmare scenario of what is waiting for the next U.S. President:
Tag: U.S. economy
Craig Eyermann | Wednesday November 4, 2020 at 10:07 AM PST
Alvaro Vargas Llosa | Tuesday April 14, 2020 at 11:16 AM PDT
One does not need to be prescient to understand that the consequences of the U.S. government’s financial response to the coronavirus will be momentous. The U.S. Federal Reserve recently announced nine new “facilities” (lending programs) and its balance sheet has surpassed the $6 trillion mark. Even the maniacal asset-buying of the post-financial crisis years...
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Alvaro Vargas Llosa | Tuesday June 19, 2018 at 12:00 PM PDT
The United States has serious debt problems that have not been addressed since the financial crisis shook the world a decade ago—they have actually been compounded.