When debt grows so much that people don’t believe the Treasury will pay it, they sell their bonds and buy other things, sending prices through the roof.
Sweden and Switzerland joined Denmark, Norway, Finland, Ireland, The Netherlands, Italy, Lithuania, France and the UK in announcing they will lift COVID restrictions and open up their countries.
Lockdowns in the U.S. and Europe had little or no impact in reducing deaths from COVID-19, according to a new analysis by researchers at Johns Hopkins University.
