Economists like Nouriel Roubini are starting to fret about a US debt crisis as interest rates rise – here's why it's the latest issue rattling markets

Dec 11 2022 by Business Insider

 
Economists have started fretting

REUTERS/Rick Wilking

Economists are starting to worry about the sustainability of high levels of debt as global interest rates rise sharply. A credit crunch could fuel "the mother of all economic crises," Nouriel Roubini warned last week. Some experts have compared the current situation to the structural issues that triggered the 2008 financial crash.

As global interest rates rise at a staggering pace, economists are starting to worry about the mountain of debt...

Continue Reading Economists like Nouriel Roubini are starting to fret about a US debt crisis as interest rates rise – here's why it's the latest issue rattling markets