英语论文网

80, the U.S. financial markets still sucks, just more than a dozen years later, in 1794, European investors will give us Treasury bonds and the whole financial market with the highest credit rating.At the time of the French foreign minister, said: 'the United States Treasury bonds to work well, safe and reliable; the U.S. government is such a specification for the management of the Treasury bond market, the us economic development is so fast, so we never worry about the safety of U.S. Treasury bonds.'It is the improvement of the national credit stimulus funds flowing into the United States, Europe to promote rapid economic growth in the United States.

U.S. economic historian John Gordon has described the Treasury bond market for the us economy, finance, and the extreme importance of the national strategy: 'in the 1770 s, government bonds to help us win independence; 1780-1860, the national debt for the united won the highest credit rating, European money poured into the United States, to help the U.S. economy growing rapidly; in 1860, we rely on national debt to save the United States of America, in the 1930 s, we rely on national debt to save the American economy; again ten years later, we rely on national debt to save the world. There is no doubt that Hamilton entirely correct, Treasury bonds is not only the united unparalleled Gospel, and unparalleled Gospel mankind.'

With the debt ceiling agreement was reached, the Treasury Department immediately start the third quarter of this year of about $331 billion in debt sales, at the same time, the Obama administration until at least 2013 can according to own actual need to sell national debt market, basic lift the U.S. debt default risk in the short term.Data shows, the current 10-year Treasury yield of 2.74%, the 30-year Treasury bond yields at 4.07% fluctuations, both in a safe state, to some extent, shows its favored by investors in the market expectations.

However, short-term debt alert lift does not mean that America's debt problem in recovery.Borrow new debt is debt 'debt economy' model has been curing, has been in the United States, the United States debt snowball.According to the latest figures, the U.S. federal government bonds accounted for a percentage of gross domestic product will reach 99% this year, next year is expected to further rise to 103%;According to this, according to the size of the debt ceiling Obama four-year term accumulated debt is expected to reach about $6 trillion, the previous President of the United States.High debt is bound to generate a large number of interest payments and reduce revenue for consumption and investment, and eventually contain endogenous power of economic growth.Data show that in the first seven months of government spending in the United States, one of the fastest growing types is publicly held debt interest, of $139.3 billion, seven months before an increase of 13%.And borrowing at this rate, by 2025, the U.S. national debt interest will exceed $1 trillion.

The crux of the problem is that over the next three years, the U.S. national debt is due for repayment will be faced with enormous pressure.With debts of $3 trillion in 2011, in 2012 was $1.5 trillion, $2013 in 1.3 trillion, then at about $1 trillion.And it is important to note that in order to 'new debt is still the old debt' debt depend on is continuously本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。