Americans worried about their country’s solvency – NBER study
Bond investors, voters and economics graduates think risk of a US debt crisis is high, paper says
Americans fear the US is on the verge of a debt crisis, but are not so fearful that they feel the need to do anything about it, new research has found.
In a paper for the National Bureau of Economic Research, published this month, Ricardo Delao and Wenhao Li of the University of Southern California surveyed bond investors, voters and people with economics or finance degrees on a series of topics. These included what the respondents thought ultimately backs the value of US government debt and
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