Milton Friedman Quotes:
Ocupation: Economist
Life: July 31, 1912 - November 16, 2006
Birthday: July 31
Death: November 16
If you look at the balance sheet, the US is heavily in debt. If you look at the income account - the amount of interest the US pays abroad - it is almost exactly equal to the amount of interest that it receives from abroad. American assets held abroad are earning a higher rate of return than foreign assets held here.
source: Source: www.huffingtonpost.com
topic: Balance, Income, Looks, Balance Sheets
