Much of the debate around U.S. public finances centers on the assumption that structurally higher interest rates will push debt servicing costs to intolerable levels, risking a fiscal catastrophe that can only be averted through severe austerity. While borrowing costs and spending are justifiable...
https://www.hellenicshippingnews.com/stronger-for-longer-gdp-could-allay-us-fiscal-fears-mcgeever/