Could higher interest rates push US debt-to-GDP to 132% by 2035? Goldman Sachs warns
Goldman Sachs has warned that rising US interest rates could make the country’s huge debt problem even worse. The investment bank said persistently high rates could increase the cost of servicing the US national debt and put more pressure on government finances. Goldman Sachs warns higher US interest rates could push debt-to-GDP to 132% by … Read more