Washington Develops New Strategy to Tackle U.S. Debt
TL;DR Summary
Deutsche Bank's strategist proposes the 'Pennsylvania Plan' to manage US debt by reducing reliance on foreign investors and encouraging domestic investment, amidst limited appetite for direct fiscal reforms, with potential policy shifts including stablecoins and banking regulation changes to support the plan.
Topics:business#economy#foreign-investors#pennsylvania-plan#treasury-bonds#us-debt-management#us-economy
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