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Riding for a Fall

Author: Peter G. Peterson, Chairman, Peter G. Peterson Foundation
September/October 2004
Foreign Affairs


Three long-term trends are threatening to bankrupt America: the burgeoning costs of waging the war on terrorism, the U.S. economy's increasing reliance on foreign capital, and rapid aging throughout the developed world. Washington must understand that committing the United States to a broader global role while ignoring the financial costs of doing so is deeply irresponsible.

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