Author Topic: Debt bear stalks Goldilocks economy  (Read 896 times)

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Offline Sanguine

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Debt bear stalks Goldilocks economy
« on: December 18, 2017, 10:02:07 am »
Honey trap: low interest rates seduced firms to bulk up on debt but they could soon be mauled by rising rates and deal a blow to global growth

Quote
Paris (AFP) - The global economy is enjoying a Goldilocks moment, with growth and inflation neither too hot nor too cold.

But a decade after the collapse of the US subprime mortgage market triggered a global crisis, there are warnings that debt is becoming a big risk, lurking in the next room like the scary bears in the children's tale.

The outlook for the global economy appears bright for the moment thanks to steady growth in the world's major economies, in stark contrast to reigning pessimism only a year ago when Britain's Brexit vote and Donald Trump's protectionist policies weighed on sentiment....

https://www.yahoo.com/news/debt-bear-stalks-goldilocks-economy-052310936.html

Wishful thinking?

Offline LMAO

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Re: Debt bear stalks Goldilocks economy
« Reply #1 on: December 20, 2017, 07:19:52 am »
At some point,if our debt continues to rise, and every indication shows it will, creditors will start demanding higher interest.

 Trumps campaign promise of not touching Social Security or Medicare probably can’t be kept.