The U.S. economy is running hot and stuck on a hamster wheel as GDP… | HappeningNow.news

Business & Economy

The U.S. economy is running hot and stuck on a hamster wheel as GDP growth must outpace borrowing costs—or else get sucked into a debt spiral

"With interest rates on new Treasury bonds and notes at around 5% and medium-term nominal economic growth expected to be closer to 4%, the U.S. is entering a debt spiral. "

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"With interest rates on new Treasury bonds and notes at around 5% and medium-term nominal economic growth expected to be closer to 4%, the U.S. is entering a debt spiral."

Read original at Fortune

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Part of GDP coverage 26 tracked stories

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