[quote=Rich Toscano]That’s my issue with Krugman et al’s framework… the unquestioned assumption that the world will forever keep buying all the super-low rate debt we cram down their collective throat without ever, at any point, stopping to question how we will pay it all back.[/quote]
I do hope the powers that be are rolling over short-term Treasuries into 10- and 30-year notes … or yeah, we’re Greeced.