Tag Archives : US budget deficits

There are a few myths that envelope the economic relationship between the United States and China. Identifying these myths is important because they can have the potential to cloud policy decisions. There is one fact amidst all this, though: US and China are economically intertwined as they are said to be financially dependent on each other. ‘China [...]

Regarding the look of things to come for the wealthiest nation on earth, Barack Obama has said it succinctly that American people will expect “trillion-dollar deficits for years to come.” He was not exaggerating. According to analysts, it will take years before the USA can recover from an economic meltdown. Some greedy people in the finance sector, [...]