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Tag: lombard street research

US lurching towards ‘debt explosion’

The US economy is lurching towards crisis with long-term interest rates on course to double, crippling the country’s ability to pay its debts and potentially plunging it into another recession, according to a study by the US’s own central bank. n a 2003 paper, Thomas Laubach, the US Federal Reserve’s senior economist, calculated the impact […] © 2017 Sharing and Reposting are welcome; we expect due credit to Author and Frontier Theme