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When the interest rates on their borrowing rose, these governments would plunge further into debt,
Higher interest rates on bonds means that borrowing is expensive. Case in point: Greek bond interest rates spiked during greek financial crisis.
Arnav’s 2025 Year in Books
Take a look at Arnav’s Year in Books, including some fun facts about their reading.
56 books
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240 friends
395 books
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134 friends
1,306 books
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602 friends
427 books
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392 friends
349 books
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282 friends
168 books
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220 friends
204 books
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185 friends
265 books
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187 friends
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