Tale Of Two Worsening Public Debts: Why U.S. Is Better Off Than Italy

Both the U.S. and Italy stand on the brink of a worsening public debt situation, but the markets are reacting to each nation’s dire fiscal outlook in opposite ways. However, Goldman Sachs analysts believe these opposite reactions are completely warranted, and they explained why in their recent “Top of Mind” report. [REITs] Q2 hedge fund letters, conference, scoops etc Goldman Sachs analyst Allison Nathan interviewed two experts on public debt, and both see little risk of a public debt crisis in the U.S. Nonetheless, they are still somewhat concerned, especially because U.S. policymakers have been making some unusual moves. Meanwhile,…