57 days ago · Politics · hide · Fediverse post

For most governments the debt snowball still helps. In the US, the UK, France and Germany, the debt is growing because of the deficits. But what happens when the debt is refinanced at today's interest rates?

Commenting on Bubbles has been removed. Why? If you want to talk about this post, write to the author, use the comments on their blog if it has them, or reply with a "RE:" post on your own blog. Suggestions? feedback@bubbles.town