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Yes, the national debt matters

Vernonique de Rugy  |  May 13, 2021

By Vernonique de Rugy, includes “… I'm always amazed to hear people say that the national debt doesn't matter because interest rates are low. … Admittedly, it's true that so far, debt accumulation hasn't resulted in a debt crisis, despite warnings from people like me that it could happen any minute now. But that doesn't mean that the crisis will never happen. It may simply take longer for investors to lose trust that the government will repay its loans.”

Read the full article on: Reason

 
 
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