1) True or false: China owns the United States because they are the largest foreign owner of US Treasuries valued at $907B.
2) True or false: The United States must manage its finances exactly like a household, state or business.
3) True or false: The U.S. government must always finance itself via taxes or bond issuance.
4) True or false: The government “crowds out” the private sector by competing for funds which drives up interest rates and acts as a tax on the cost of capital.
5) True or false: The unusually large deficit means we are at a very high risk of becoming bankrupt like Greece or suffering hyperinflation like Zimbabwe.
6) True or false: Quantitative Easing has “monetized the debt” which allows the government to spend more money.
7) True or false: If the United States had been running a budget surplus over the course of the last 200 years the country would have never found itself in the current debt crisis.
Om du svara ”sant” på någon av dessa vänligen klicka vidare:
Om/När du förstår ovan så tillhör du en tämligen unik skara i Sverige.
Varför är detta viktgt? Jo, för att främsta argumenten varför Världsekonomin ska repa sig alt gå under (beroende på vem du frågar) grundar sig oftast i en syn på Amerikanska ekonomins förutsättningar.
