For the foreseeable future it will be a “great challenge” for a wide range of OECD countries to raise large volumes in the private markets, with so-called rollover risk a big problem for the stability of many governments and economies.
RTWT.
ROLLING OVER EXISTING DEBT IS HIGHLY PROBLEMATIC.
AND THE DEBT OF MOST OF THESE NATIONS IS SCHEDULED TO INCREASE.
BETTER BRACE YOURSELVES:
THESE ECONOMIES WILL HIT THE BRICK WALL SOONER THAN YOU THINK.
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