Looks like someone thought enough time has passed and dusted off the script.
Looks like someone thought enough time has passed and dusted off the script.
It’s so good over here. Many of my tweeps are here. Some at Mastodon as well (I’m there at aus.social/@p_terg) but not too often.
I have both Twitter and this open so I spend about the same time on each nowadays.
It’s so good over here. Many of my tweeps are here. Some at Mastodon as well (I’m there at aus.social/@p_terg) but not too often.
I have both Twitter and this open so I spend about the same time on each nowadays.
Deficits normally aren’t terrible.
Now HUGE prob
NOT sustainable to run deficits > nominalGDP growth (if 128% Debt/nomGDP)
Effects
• high int exp (rivals NatSec outlays)
• global bond mkt requires higher rates (auctions, trades)
• high int rates quash growth
Deficits normally aren’t terrible.
Now HUGE prob
NOT sustainable to run deficits > nominalGDP growth (if 128% Debt/nomGDP)
Effects
• high int exp (rivals NatSec outlays)
• global bond mkt requires higher rates (auctions, trades)
• high int rates quash growth