Munich Personal RePEc Archive

Can America pay its public debt

Rabie, Mohamed (2011): Can America pay its public debt. Published in: aljazeera.net

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Abstract

The papers argues that the United States is unable to service its public debt without going deeper in debt, let alone repay it. the debt which has already exceede $15.3 trillion is expected to reach $20 trillion in 2015 and between $28 to $30 trillion in 2022.

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