MACROECONOMICS

US Public Debt Obsession: Footprints on the Global Financial Market

The first footprint of the US public debt problem on the global financial market

In addition to inflation and a high interest rate environment, US public debt continues to accumulate silently in ever-increasing amounts. Viet Hustler readers may already be familiar with warnings about the potential explosion of a US public debt crisis. But perhaps not many people realize that the impact of this accumulating public debt is gradually emerging on the global financial market as:

Demand for US Treasury bonds from foreign investors decreases, 

The USD and US bonds lose their status as reserve assets for Central Banks, and 

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