The Yin and Yang of US Debt

April 8th, 2008

Check out this piece Dr. Ashok Bardhan (one of our winter quarter speakers) wrote that just came out in Yale Global.  Click HERE.

Entry Filed under: Pre-Departure, China, India, Pre-Departure

1 Comment Add your own

  • 1. Simeon Trieu  |  April 8th, 2008 at 9:04 pm

    [Dr. Bardhan --] “Despite recent turmoil, continuing purchases by foreigners indicate that there’s no loss in the appetite for US securities.”

    Wouldn’t other countries learn from China’s ties with the US through the vast amount of US securities they bought (which now entraps them, since they are basically illiquid)? Wouldn’t a safer bet be investment in Chinese or Indian securities?

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