tag:blogger.com,1999:blog-4252016424756731977.post586268590864065037..comments2023-09-26T07:45:26.448-07:00Comments on Be Your Own Economist ®: More Debt: Good NewsBe Your Own Economist (R)http://www.blogger.com/profile/10871255755167172509noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4252016424756731977.post-9883461058085541732011-05-09T23:20:18.609-07:002011-05-09T23:20:18.609-07:00Debt is an accumulation of budget deficits, year a...Debt is an accumulation of budget deficits, year after year. The real problem is that debt is not only a huge economic burden, but also a big engine of the economy. The key is keep the debt in the certain level which could not make the debtor overwhelmed and drives the economy to go better. The moderate debt, especially the government debt is good for the economy, because too much government debt will make the foreign holders of U.S. treasury securities invest more in their own economies. Additionally, diminished demand for U.S. Treasuries will increase interest rates, thus slowing the economy. Furthermore, this decreasing of demand will give downward pressure on the dollar.zhonglinhttps://www.blogger.com/profile/16423397308731060489noreply@blogger.com