Weizsäcker, Carl Christian von - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 93 (2013) 7, pp. 492-495
of public debt. Moreover, if people start to doubt the sustainability of an increasing percentage of public debt, a … vicious circle can lead to a debt crisis, which would threaten the country’s political and economic stability. Public debt is … not a burden for later generations when the rate of interest is below the rate of growth. Public debt may cause problems …