Offsetting Borrowing
Posted on
June 23, 2009 at 9:49 am
Hat Tip Brandon over at Trading Wall Street Investments
By the Center for Geoeconomic Studies
Government borrowing has increased sharply, but the fall in private borrowing by households and firms has been equally dramatic. Overall borrowing has not changed substantially. Will the government be able to reduce its borrowing when private borrowing resumes?
