In 2000 the US seemed on track to effectively pay down its government debt. Real 10 year interest rates were 4.3%. In 2020 debt is projected to rise to 109% over 10 years and real rate is -0.1%. One of @jasonfurman best tables!
piie.com/system/files/d… https://t.co/Ewj0ufHwdA
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…