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They're in a good position as a net creditor nation. While they have a large national debt and have been undergoing QE, they have a steady income stream from tr
by ysw0 6y ago
They're in a good position as a net creditor nation. While they have a large national debt and have been undergoing QE, they have a steady income stream from treasury bills.
- roenxi 6y agoThe income stream is unlikely to be steady; the real value of the fixed stream of dollars is (probably) going to drop. It isn't really conceivable at this point that the US reduces their debt:GDP load without a currency crisis. Their period of service as the reserve currency is probably also drawing to a close; based on the poor fundamentals that the article mentions.