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The United States has almost $20 trillion in debt which trades daily as government bonds - obligations, which, in theory, will have to be retired
The United States has almost $20 trillion in debt which trades daily as government bonds - obligations, which, in theory, will have to be retired when they mature. Lately real interest rates have been below 2% reflecting an economy struggling to grow. What impact will that have on the ability to retire the debt?
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