Thursday, June 4, 2009

Rising Interest on Nations’ Debts May Sap World Growth - NYTimes.com

Increased rates could translate into hundreds of billions of dollars more in government spending for countries like the United States, Britain and Germany.

Even a single percentage point increase could cost the Treasury an additional $50 billion annually over a few years — and, eventually, an additional $170 billion annually.
Rising Interest on Nations’ Debts May Sap World Growth - NYTimes.com
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