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The recent debt limit debate in the U.S. has raised serious concerns about fiscal sustainability and stability of the financial system while a default was averted. At the same time, surging U.S. debt levels pose risks to the dollar and inflation outlook. Has confidence in the U.S. treasuries being impaired? What are the implications for the global economy?
By China PlusThe recent debt limit debate in the U.S. has raised serious concerns about fiscal sustainability and stability of the financial system while a default was averted. At the same time, surging U.S. debt levels pose risks to the dollar and inflation outlook. Has confidence in the U.S. treasuries being impaired? What are the implications for the global economy?