Entries Tagged as 'debt'

Wednesday, April 21st, 2010

The Fiscal Singularity is Near

I don’t think we will get much past 2020 along our current policy path. I need to work out scenarios more carefully, but the interest cost of the debt as a percent of GDP is the debt times the nominal interest rate. If the nominal interest rate were 10 percent in 2020, then the interest [...]

Thursday, June 11th, 2009

The National Debt Road Trip