A blog exploring the intersection of economic thinking and urban planning/real estate development and related big-think themes.
Sunday, August 26, 2007
National debt
For those who do not stop there regularly, The Skeptical Optimist offers must-reading on the national debt and who owns it. It is not an outlandish share of GDP; it is not overhwelmingly in Chinese hands; Chinese investors are not crazy enough to dump it.
Political candidates, media hand-wringers and other know-nothings, take note. # posted by Peter Gordon @ 8/26/2007 03:26:00 PM