“When America's creditors consider our behavior they see total fiscal irresponsibility. They see a deluded country that acts as if it is a privilege for foreigners to lend to it, and a deluded country that believes that foreigners will continue to accumulate US debt until the end of time. The fact of the matter is that the US is bankrupt.”
Quote by Paul Craig Roberts
Author
Paul Craig Roberts
Paul Craig Roberts is an American economist born on April 3, 1939. He has extensive research and teaching experience in the field of economics and has served as the Assistant Secretary of the Treasury and an advisor to the Federal Reserve. Roberts is known for his support of free-market economics and his criticism of globalization. more
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