tag:blogger.com,1999:blog-4102429195693595750.post3327423670879374852..comments2024-03-22T05:15:17.042+02:00Comments on Sudden Debt: The Upcoming Debt Service Crunch For Households Will Impact Spending In A Big WayHellasioushttp://www.blogger.com/profile/03564511281240682625noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4102429195693595750.post-1661515136943054032023-02-03T15:00:43.388+02:002023-02-03T15:00:43.388+02:00Very interesting, thanks for your input Hells! Very interesting, thanks for your input Hells! camabronnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-57189704684541046702023-02-02T15:14:07.183+02:002023-02-02T15:14:07.183+02:00Thanks C. very nice thread. Here's the thing...Thanks C. very nice thread. Here's the thing: the US is already highly indebted and constantly running massive budget deficits. There is a very real danger that investors will marginally, but increasingly, resist refinancing US debt or - even worse - resist buying even more debt. I liked the charts the Tweeter presented, but they don't tell the full story - for example, they do not include the effect of budget deficits. Even then, his projection is that debt service as % of GDP will rise to 1980s highs - not at all a good period for the US.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-87591223488902356702023-01-31T18:55:30.682+02:002023-01-31T18:55:30.682+02:00Any thoughts on this short Twitter thread regardin...Any thoughts on this short Twitter thread regarding US debt service Hells? He says that with refinancing, the US debt burden doesn't go that much higher... <br /><br />https://twitter.com/dampedspring/status/1620414761598091265camabronnoreply@blogger.com