Tax & Spend
Goldman’s Waldron Says US Borrowing Sparks Worry of ‘Unsustainable Pace’
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Goldman Sachs Group Inc. President John Waldron said the US government should not be lulled into thinking that there’s insatiable appetite for its debt.
“There’s no evidence we cannot just keep going, but those of us who have been watching this for a long time are worried this is an unsustainable pace,” Waldron said in a Bloomberg Television interview. “We need to show more discipline in the system should the US continue to be a great place to invest.”