French business

DOMESTIC AND FOREIGN INVESTORS PILE UP IN US GOVERNMENT DEBT

January 25, 2020 IN THE GOOD In the old days, the US budget deficit was yawning when the economy was weak and shrinking when it was strong. It went from 13% to 4% of GDP during Barack Obama’s presidency, as the economy recovered from the 2007-09 financial crisis. Today, unemployment is at its lowest for 50 years. Yet […]