At the end of 2020, Americans owed $14 trillion more to the rest of the world than the rest of the world owed to America, according to the latest reading on the nation’s Net International Investment Position (NIIP) from the Bureau of Economic Analysis (BEA). That’s 67 percent of U.S. GDP, up from about 50 … Continue reading The US is increasingly a net debtor nation. Should we worry?
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