David P. Goldman
Contributor
David P. Goldman, president of Macrostrategy LLC, a Senior Writer at Law & Liberty, and a Washington Fellow at the Claremont Institute’s Center for the American Way of Life.
He writes the “Spengler” column for Asia Times Online and the “Spengler” blog at PJ Media, and is the author of You Will Be Assimilated: China’s Plan to Sino-Form the World (Bombardier Books) and How Civilizations Die (and Why Islam is Dying Too) (Regnery).
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A New Era of Stagflation?
“The creditors of the United States will not accept negative returns on an ever-expanding mountain of US debt indefinitely. At some point, perhaps not long from now, the US will face sharply higher interest rates and the type of budgetary constraints that were typical of profligate Third World borrowers.” ~ David P. Goldman
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A New Era of Stagflation?
“The creditors of the United States will not accept negative returns on an ever-expanding mountain of US debt indefinitely. At some point, perhaps not long from now, the US will face sharply higher interest rates and the type of budgetary constraints that were typical of profligate Third World borrowers.” ~ David P. Goldman