The Endless Debt Threat has been going on for thirty years! Bottom line is we don’t see anything about the current level of debt that’s going to cause a recession anytime soon.
Tag Archives: National Debt
Higher Rates On the National Debt Won’t Cause Debt Spiral. Don’t get us wrong. We’re not happy about the federal debt being so high. In fact, we’d prefer it to be much lower. We’re just explaining that the higher interest rates we’re likely to see in the next few years are not going to generate a fiscal crisis.