The Pennsylvania Plan: The Ultimate Solution for U.S. Debt Relief
The Pennsylvania Plan: The Ultimate Framework for U.S. Debt Management The Pennsylvania Plan is the current ultimate debt management framework the U.S. is using to address its fiscal and trade twin deficits. It was first proposed by analysts at Deutsche Bank, and its name derives from Pennsylvania Avenue, where the U.S. Treasury is located. Simply put, this plan aims to adjust the structure of U.S. Treasury bond holdings, reduce reliance on foreign capital, and instead rely on domestic capital to carry out debt restructuring. ...