Is 'Prior to 1986, the United States had been a net creditor because its holdings of foreign assets exceeded foreign holdings of U.S. assets.' a clear rebuttal of the premise 'For many, this was considered the best position the US had ever been in financially.'
Prior to 1986, the United States had been a net creditor because its holdings of foreign assets exceeded foreign holdings of U.S. assets.###For many, this was considered the best position the US had ever been in financially.