To: RegulatorCountry
One out of every four mortgages in the US is owned by a foreign entity. The same applies to the current account deficit. The Chinese central bank buys treasuries with recycled dollars and it finances US government spending (and to a lesser extent private consumption and investment)
To: economist-student
One out of every four mortgages in the US is owned by a foreign entity. Is there a public source for that datum?
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson