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GBIL - Should Worry About Government Debt? Probably
Goldman Sachs Access Treasury 0-1 Year
Should we worry about government debt?
That was the question recently posed by Ben Carlson, who laid out several arguments as to why spiraling government debt may not matter. To wit:
"Is this debt so unsustainable it's going to wreck future generations and leave them holding the bag? Are we really screwing the grandkids?
Although absolute debt heading into this crisis was high, you could argue we've never been in a better position to add debt to the country's balance sheet. Generationally low interest rates and subdued inflation make for a perfect opportunity to