2%? They're issuing ~0% bonds in most of the Eurozone. I also believe there can't really be a crash when interest rates are very low/at 0%, since the time valu

2%? They're issuing ~0% bonds in most of the Eurozone. I also believe there can't really be a crash when interest rates are very low/at 0%, since the time value of money literally becomes null and debt can forever be pushed further. BUT since there is already existing debt to service - issued at higher interest rates - the debt size has to increase. Then it works as a trap as the interest rates cannot easily go up without heavy defaults - because there is a lot of debt to service. Also, somehow low interest rates correlate with low GDP growth - max capacity, no room for growth left? Disclaimer - not an economist, perhaps someone can debunk my theory and explain what I'm getting wrong.