US High School Economics class: US faces Liz Truss-style market shock as debt soars, warns watchdog
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.
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Specification:
Fiscal policy
Click to read the article below and then answer the questions:
US faces Liz Truss-style market shock as debt soars, warns watchdog
At the end of last year, how did the US debt pile compare in size to US GDP?
What is the projected debt-to-GDP ratio projected for 2029? How does that compare to the debt-to-GDP ratio during WWII?
Why does Swagel compare the US debt situation to a Liz Truss market shock?
What remedies are available to address the current situation? Which do you think is the most likely?
Ariel Slonim at MRU Econinbox
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