2 ms·
Depends on the time frame of the debt. If most of it is in multiyear bonds then a bad year or two is not so dire, though I agree that the US has some structural
by 3pt14159 5y ago
Depends on the time frame of the debt. If most of it is in multiyear bonds then a bad year or two is not so dire, though I agree that the US has some structural challenges coming over the next two decades.
Also, one of the things I don't really understand is why people in the US quote debt to GDP ratios when net debt to GDP is strictly superior.