The US is in “a Veritable Death Spiral. Time is Running Out!”
A commentary published in the conservative Heritage Foundation on the 11th of August was titled “Default by Another Name: Why U.S. Debt Deserved a Downgrade.”
All posts tagged: us debt
China and the USA: A Complex Relationship
The United States Congress recently approved a $777.7bn defense budget, a five percent increase from last year. This move came after they pulled the last American troops out of Afghanistan and was justified as a way of dealing with the intensifying competition with China. (Al Jazeera) The budget approval had bipartisan support and supports the […]