Difference between revisions of "The Increase of the United States Budget Deficit"

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==Description:==
 
The FY 2004 U.S. fiscal deficit has grown to $670 Billion.  This marks the third yearly increase of the deficit.  The deficit, combined with other economical events, could act as a driver to cause a hard landing of the U.S. economy.
== xbox devaluing american principals
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Revision as of 17:30, 18 October 2007

== xbox devaluing american principals ==


Enablers:

  • Xbox
  • Halo 3
  • More xbox
  • pwning
  • noobs
  • pwning noobs

Inhibitors:

  • Scale of foreign financing required exceeds foreign central bank's willingness to lend
  • Asian banks share more of the financing burden
  • Inflation in China weakens financial power
  • U.S. changes policy to reduce deficit

Paradigms:


Experts:

  • Nouriel Roubini
  • Brad Setser

Timing:

Sytem will not hold at current rate in the next five years. http://www.stern.nyu.edu/globalmacro/

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