The New CS Board

[jumanji0881]

Of course, China is the real debt hog. And their bond rates are rising.

And increasing US sovereign debt could lead to a debt spiral in the next recession, especially if the Fed does not implement another round of QE. The rising debt would meant the government would have to issue more and more bonds and it could very well cause rates to rise which would add to the deficits which would require more bonds to be issued. Lower revenues and higher rates would mean the deficits would soar. As for the CBs, they now have a total of $17Trillion on their balance sheets. Do they want to double that to stave off the next recession ?