
Will the United States Go Broke One Day?
Ones and Tooze
Navigating U.S. Debt and European Defense Dynamics
This chapter examines the evolving landscape of European defense strategies alongside the financial complexities facing the United States due to rising national debt. It highlights the changing dynamics of U.S. debt ownership, including the roles of different international investors and the implications for financial stability. The discussion further contrasts public and private debt, addressing the government's unique position in managing its debt obligations amid varying economic pressures.
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