America has had to turn to foreigners to finance its debt - not surprising since household saving in the last years has plummeted to zero. China is one of the largest holders of American debt.
Joseph Stiglitz
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This page presents the quote "America has had to turn to foreigners to finance its debt - not surprising since household saving in the last years has plummeted to zero. China is one of the largest holders of American debt.". Author of this quote is Joseph Stiglitz. This quote is about finance, saving, foreigners, china, surprising, household, america, debt, zero,.