SpontaneousCombustion @ SpontaneousCombustion @lemmy.world Posts 0Comments 1Joined 2 wk. ago
SpontaneousCombustion @ SpontaneousCombustion @lemmy.world
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But it’s even worse than that. The US has to rollover about 9 trillion of debt in 2025. Someone has to buy these bonds and if Japan or China are reluctant, it likely means higher interest rates to be offered in order to secure the sale.
https://finbold.com/9-trillion-of-us-debt-will-mature-in-2025-should-investors-be-worried/