3 ms·
This is a condition that was created by the US itself. Most of this money was generated by multinationals that decided not to bring their capital back for tax r
by coliveira 6y ago
This is a condition that was created by the US itself. Most of this money was generated by multinationals that decided not to bring their capital back for tax reasons. This money stays in other countries and it is reinvested in the US creating a cycle. It is also reinforced by the financial system created by the US after WW2 where the USD is the global currency, so all the money generated in other countries is recycled into US debt.