32 sats \ 1 reply \ @siggy47 OP 23 Jun freebie \ parent \ on: "This Cannot Go On Forever": Explaining The U.S. Debt Crisis In Simple Terms econ
They will do all they can to keep kicking the can. It seems to me if they keep interest rates high for much longer, banks with those underwater bonds and CMBS will continue to fail, but more rapidly. If they lower rates inflation will start climbing again. No easy answers.
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54 sats \ 0 replies \ @riberet19 23 Jun
That's just what I think, but I don't think they can keep rates much longer at this level, it's like chemotherapy for the economy constantly, I think that more than there are no easy answers, there is no escape that will free us from a crisis sooner or later.
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