If You Look At The Balance Sheet, The Us Is Heavily In Debt. If You Look At The Income Account - The Amount Of Interest The Us Pays Abroad - It Is Almost Exactly Equal To The Amount Of Interest That It Receives From Abroad. American Assets Held Abroad Are Earning A Higher Rate Of Return Than Foreign Assets Held Here.
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If You Look At The Balance Sheet,
Milton Friedman
If You Look At The Balance Sheet, The Us Is Heavily In Debt. If You Look At The Income Account - The Amount Of Interest The Us Pays Abroad - It Is Almost Exactly Equal To The Amount Of Interest That It Receives From Abroad. American Assets Held Abroad Are Earning A Higher Rate Of Return Than Foreign Assets Held Here.
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