11min chapter

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Nouriel Roubini Predicts a Crisis 'Worse' Than the 1970s

Odd Lots

CHAPTER

Interest Rates and Debt: An Economic Dilemma

This chapter explores the effects of rising interest rates on private sector debt and the possible repercussions for the U.S. economy, highlighting risks of a debt crisis for both households and businesses. It also examines the challenges faced by emerging markets and Europe amid a high debt environment, emphasizing the urgent need for strategic policy interventions.

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