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It may be the best indicator of our nation’s future prosperity — the relative performance of the United States Currency, the Dollar. After all, we are a nation of consumers, and in the latest reported month (August 2024), our country purchased over $340 billion from overseas. At the same time, we are the most heavily indebted country in the world, with foreign investors purchasing over 20% of our debt.
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It may be the best indicator of our nation’s future prosperity — the relative performance of the United States Currency, the Dollar. After all, we are a nation of consumers, and in the latest reported month (August 2024), our country purchased over $340 billion from overseas. At the same time, we are the most heavily indebted country in the world, with foreign investors purchasing over 20% of our debt.