High Debt Will Dampen Growth

Discussion in 'Economy' started by Toro, Jan 7, 2010.

  1. Toro
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    Toro Diamond Member

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    Reinhart and Rogoff: Higher Debt May Stunt Economic Growth - Real Time Economics - WSJ

    And

    PIMCO - Let’s Get Fisical January 2010
     
  2. uscitizen
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    uscitizen Senior Member

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    Debts are what financed the booms of the last 3 decades.
    We have now pretty much maxxed our public and private debt, consumed our equity as well.
    It is now time to pay the piper.
     

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