There is currently a large amount of discussion over the apparently ever growing mountain of US debt. The famous debt display in New York is constantly on the television and is a very visual explanation of the size of the problem.
Empire of Debt is a book which helps to explain the situation to the investor and is definitely a recommended read. The book starts to explain about the debt situation and the ever growing links and dependencies with China. Some of this is further explained in China The Balance Sheet.
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