News

Why 150% is the new 100% for public debt/GDP

Swaha Pattanaik  |  March 26, 2020

Op-ed by Swaha Pattanaik, includes “When it comes to age, 70 is supposed to be the new 50. A similar rethink is on the cards for public debt. Governments are spending freely to combat the economic havoc wrought by the coronavirus. While borrowing will inevitably jump relative to economic output, investors will have higher tolerance thresholds. …”

Read the full article on: Reuters

 
comments powered by Disqus