Is the Real Rates Tsunami Incoming?
Real Vision: Finance & Investing
00:00
The Impact of COVID-19 on the Debt-to-GDP Ratio
The chapter explores the extent of the deficit during the pandemic and its impact on the debt-to-GDP ratio in the US, as well as the significant interest expense incurred. It discusses the relationship between debt-to-GDP ratio and fiscal policy, the potential effects of rising interest rates on the economy, and the disagreement about the political economy of the US and the likelihood of smaller deficits.
Play episode from 19:49
Transcript
