The absence of a timeline to return to balanced budgets is troubling, as it reduces the government's ability to respond to slower economic growth and possible future shocks. (boardoftrade.com)
Record - high world debt stocks make various economic actors more vulnerable, motivating greater savings as a buffer against future shocks. (blackrockblog.com)
Two brilliant future shocks; one pre and one post apocalypse. (edgarwrighthere.com)