On the recordOctober 10, 2013
if I was one of our foreign counterparties right now, ... these actions would somehow cause them to begin the process of slowly calibrating how they think about the United States as a counterparty.
Source
congress.govif I was one of our foreign counterparties right now, ... these actions would somehow cause them to begin the process of slowly calibrating how they think about the United States as a counterparty.
Delaney expresses concern about foreign perceptions of U.S. debt management.
Share & report
More from John Delaney
the cost of this inaction is not nothing, and we are seeing that in the results in the economy.
We are not necessarily describing this problem well, because the problem with the debt is, number one, it does now and it will prevent us for a long time from doing the things we need to do to get our economy growing.