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# Give us a dollar, oh! you know why.
- URL: https://www.opendemocracy.net/en/wholl-lend-us-a-dollar/
- Published: 2007-11-28T16:11:34.000Z
- Updated: 2019-02-14T22:38:23.000Z
- Author: Tony Curzon Price
- Tags: #en, #Migrated, #Import 2026-04-09 18:31

[Brad Setser at RGE Monitor ](http://rs.rgemonitor.com/blog/setser/229071?ref=opendemocracy.net)has a very worrying picture:

It shows that long term lending to the US has dried up since August.

The consequences seem to me to be quite stark. Either

- the US starts to save much more, or
- the US offers much higher interest rates to foreign lenders

The first case means US, then world recession; the second case means financial market panic and recession. Anyone see any cheer in this?