Spiking interest rates can lead to spiking interest rates as they make debt service more expensive and therefore make it obvious that we owe more than we can ever honestly repay. Market alarm as US fails to control biggest debt in history – Telegraph

Spiking interest rates can lead to spiking interest rates as they make debt service more expensive and therefore make it obvious that we owe more than we can ever honestly repay.

   www.telegraph.co.uk/finance/comment/liamhalligan/8….html

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