Public debt: Can America maintain extern • Table.Briefings

While the US national debt is growing rapidly, the confidence of foreign investors is waning. Is the US facing a turning point in its financial sustainability? Yu Yongding, former President of the China Society of World Economics and Director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, ponders this question.

Some US commentators have recently expressed concern about the country’s fiscal sustainability. But few have addressed America’s external sustainability, which looks increasingly questionable.

Public debt: Can America maintain external sustainability?

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