Harvard's Feldstein Says Debt to Reach 100% of GDP by End of Decade

Harvard's Feldstein Says Debt to Reach 100% of GDP by End of Decade

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the growing US deficit, its impact on GDP, and the potential consequences for interest rates and the economy. It highlights the lack of foreign investment in US debt and the political divide on addressing the deficit. The discussion also covers the implications for the equity market and potential long-term solutions, including changes to entitlements and tax policies.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

According to the text, what has been the trend in net buying of US debt by the rest of the world?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences of rising interest rates on equity markets as discussed?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What historical changes regarding Social Security are referenced in the text?

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