The level of U.S. indebtedness to the rest of the world has more than doubled over the past five years to more than 25 percent of its GDP. These large imbalances are not sustainable over the longer run. No country, even one as big as the United States can keep increasing its external indebtedness as a share of its GDP. Ultimately, these imbalances will have to be resolved.  -   Paul Jenkins     Quotes
The level of U.S. indebtedness to the rest of the world has more than doubled over the past five years to more than 25 percent of its GDP. These large imbalances are not sustainable over the longer run. No country, even one as big as the United States can keep increasing its external indebtedness as a share of its GDP. Ultimately, these imbalances will have to be resolved. Paul Jenkins