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Interest on national debt as % of GDP: https://fred.stlouisfed.org/series/FYOIGDA188S https://fred.stlouisfed.org/series/FYOIGDA188S
by hammock 3y ago
Interest on national debt as % of GDP: https://fred.stlouisfed.org/series/FYOIGDA188S https://fred.stlouisfed.org/series/FYOIGDA188S
- samspenc 3y agoI think this is precisely why this topic is coming up now, the interest on the debt has spiked recently due to higher interest rates. It was bad in the past decade, but not too bad due to a low-interest rate environment, but unsustainable with a higher interest rate environment.