U.S. borrowing could tailspin

on Friday, June 19, 2009 · Leave a Comment

The U.S. has had to do a lot of borrowing to pay for its programs, and IOUs are stacking up. But so much government borrowing is pushing interest rates up higher. Public Radio’s Bob Moon asks me where this may all lead to.

The coverage is part of today’s program at Public Radio’s Marketplace – tune in to your local channel to hear it "live"; the interview is also available online:

[Read or listen to my interview on Public Radio]

Axel

Axel Merk
Author of Sustainable Wealth
President and Chief Investment Officer, Merk Investments

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