As standard knowledge grows that central banks can go extra deeply into debt than beforehand thought, one economist asks, how a lot is an excessive amount of?
This week’s version of Lengthy Reads Sunday is a studying of “How A lot Debt Is Too A lot?” by Raghuram Rajan on Mission Syndicate.
In it, the writer explores the shifting standard knowledge on nationwide debt and worries that international locations might attain their restrict far sooner than they suppose.