11 sats \ 1 reply \ @Undisciplined 9h \ parent \ on: Can the US manage escalating debt without triggering a fiscal crisis? econ
Yeah, they're being too clever by half. Everyone knows there's more dollar demand internationally (Euro demand is almost non-existent). That means the US can support a much larger deficit. America essentially exports fiat to other nations.
I think they are trying to console Europeans with such articles are found everywhere in EU media. The EU economy is under a great crisis and they have been lying like this forever Months now.
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