Archive for June 18th, 2012

Crushing Growth with Debt

Monday June 18th, 2012   •   Posted by Craig Eyermann at 2:29pm PDT   •   3 Comments

How much does having too high a national debt hurt a country’s ability to grow its economy? Thanks to recent research published by the National Bureau of Economic Research, using historical data going back to 1800, we can now answer the question. Once a country’s national debt exceeds 90% of its GDP, and it…
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