New York Fed Warns About $69 Trillion in Foreign Investment Burdening U.S. Economy
The New York Federal Reserve has warned that nearly $69 trillion in foreign-held U.S. financial assets is becoming a growing burden on the economy as the 'rate of return advantage' for the U.S. diminishes. The net international investment position stands at -$28 trillion, and recent trends show declining surpluses from overseas investments.
Topics: economic privilege Federal Reserve foreign investment U.S. debt