The tab is coming due for America's borrowing binge
Americans are facing a rising tab as a multi-decade borrowing binge collides with a spike in energy prices caused by the Iran war.The big picture: Long-term interest rates are surging, as are consumer prices.It's a toxic mix of near-term inflation pressures and years of fiscal imbalance.Driving the
<p>Americans are facing a rising tab as a multi-decade borrowing binge collides with a spike in energy prices caused by the Iran war.The big picture: Long-term interest rates are surging, as are consumer prices.It's a toxic mix of near-term inflation pressures and years of fiscal imbalance.Driving the </p>