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Are We Over Our Skies?
Tremoth: The U.S. balance sheet is a disaster, 130% of debt to GDP. Freeburg: There's like nothing stable about the point we're at. Saks: We could add to it; 27% of GDP right now should be 15%. Tremoth: If interest rates stabilize at 3%, that's roughly a billion dollars a year of debt service payments. That could be spent on other things.