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@0xbitcoiner
18 Jun
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on: Eurozone facing acute debt crisis
econ
Portuguese Public Debt Ratio: Level and Decomposition of Change | In Percent and Percentage Points of GDP
https://www.bportugal.pt/publicacao/boletim-economico-junho-2024
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@TomK
OP
18 Jun
In addition, a large part of this debt was bought by the ECB, so the free market rejects this junk per se. Interest rates would therefore have to be much higher and the debt crisis would have been on fire long ago.
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