Why the US Debt Is Unsustainable and Is Destroying the Middle Class
By Daniel Lacalle
> More units of public debt mean weaker productive growth, higher taxes, and more inflation in the future. All three are manifestations of a slow-burn default.
Why the US Debt Is Unsustainable and Is Destroying the Middle Class
By Daniel Lacalle
> More units of public debt mean weaker productive growth, higher taxes, and more inflation in the future. All three are manifestations of a slow-burn default.