The U.S. Is Borrowing Less From China, More From Everybody Else
Excerpt:In prominent U.S. mythology, China is the creditor-bogeyman. Japan is the place where robots care for old individuals. Mythology regardless of, Japan is about to pass China as the biggest foreign loan provider to the U.S. government. In fact, the U.S. government is actually obtaining less money from China than it was a year back -- even as it's obtaining more than ever the remaining globe. (The latest numbers are right here.).
If you're a government anywhere in the world and you have some additional foreign currency laying around, there's an extremely, great possibility you're going to turn that currency into dollars and lend them to the U.S. government. Despite what you might have heard, U.S. Treasury bonds are extensively viewed as among the safest, most liquid investments in the world, and the dollar is the de facto global currency.
Keywords:
China currency eurozone Japan government debt Prasad government bond more money fair market value Eswar Prasad lending Safe Havens these things old people a little bit trade surplus exporting Swiss Switzerland exports market de facto lender Hate extra robots Cornell investments cash liquid buying interest rate the world how low expert Italy global manufacturing park the dollarPeople:
Eswar Prasad
Overall Sentiment: 0.107317
Relevance: 0.511449
Sentiment | Quote |
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0.0393178 | "Their domestic manufacturing is getting hammered," Prasad said. |
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- The Mean is meant to be an indicator of an individual's average comment sentiment.
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Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.
Additional Info:
Organization: U.S. government
Overall Sentiment: 0.0188477
Relevance: 0.798166
Country: China
Overall Sentiment: -0.102212
Relevance: 0.697064
Disambiguation: References:
Country: Japan
Overall Sentiment: -0.0707417
Relevance: 0.548937
Disambiguation: Location | GovernmentalJurisdiction | Kingdom | MilitaryPostReferences:
Country: U.S.
Overall Sentiment: 0.16044
Relevance: 0.481669
Disambiguation: Location | Region | AdministrativeDivision | GovernmentalJurisdiction | FilmEditorReferences:
Country: Switzerland
Overall Sentiment: -0.293365
Relevance: 0.31343
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Source Site: http://www.npr.org/blogs/money/2012/11/19/165481949/the-u-s-is-borrowing-less-from-china-more-from-everybody-else?ft=1&f=1006
The U.S. Is Borrowing Less From China, More From Everybody Else
Provided Desc:
The U.S. government may soon owe more money to Japan than it owes to China. Here's what that means for the U.S., China, and the rest of the world.
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Source Site: http://www.npr.org/blogs/money/2012/11/19/165481949/the-u-s-is-borrowing-less-from-china-more-from-everybody-else?ft=1&f=1006
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