interesting fact before the data:
@ the current rate of payback of the principal, the Uk will take 880years to pay back it's sovereign debt. At the same rate - the U.s will never ever repay it's current $28trln debt pile. Countries really just roll it over and service the interest hoping their economies will grow (inflate) to cover the increase in borrowing costs (interest) when they borrow more.
@ the current rate of payback of the principal, the Uk will take 880years to pay back it's sovereign debt. At the same rate - the U.s will never ever repay it's current $28trln debt pile. Countries really just roll it over and service the interest hoping their economies will grow (inflate) to cover the increase in borrowing costs (interest) when they borrow more.
Trader with an Edge.
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