Fiscal policy

Where Sovereign Debt Comes From

Economic news roundup and sovereign debt
Comments (1)
  1. Rick Shapiro says:

    The prominence of Ireland and Luxembourg in the list of holders of US Treasuries mostly a result of income-switching tax dodges by US corporations (primarily pharma in the case of Ireland). The Cayman Islands are a place to park criminally hidden income; and it would be interesting to know how much of the UK share is specifically from the Channel Islands.

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