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US net international investment position is at -$11T: https://fred.stlouisfed.org/series/IIPUSNETIQ https://fred.stlouisfed.org/series/IIPUSNETIQ That's ~50% o
by H8crilA 7y ago
US net international investment position is at -$11T: https://fred.stlouisfed.org/series/IIPUSNETIQ https://fred.stlouisfed.org/series/IIPUSNETIQ
That's ~50% of GDP.
Worrying about a few homes here and there is quite pointless against this backdrop.