Hannsgen, Greg; Papadimitriou, Dimitri Basil - 2010
In recent years, the US public debt has grown rapidly, with last fiscal year's deficit reaching nearly $1.3 trillion …. Meanwhile, many of the euro nations with large amounts of public debt have come close to bankruptcy and loss of capital market … recent discussions of possible limits to the federal government's use of debt and the Federal Reserve's "printing press." We …
