By piling on trillions to the national debt, the government will have to keep interest rates low for a longer period, promoting ever-greater debt. The result of this must be unsustainably higher levels of debt — and the worst financial crisis ever seen in the history of mankind.
David Saied
David Saied is a former Securities and Exchange commissioner for the Republic of Panama and and has a masters degree in economic policy from Suffolk University, Boston, Massachusetts.