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  • 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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