How Much Debt Can a Country Handle?

<p><span style="font-weight: 400;">This week’s edition of Long Reads Sunday is a reading of “</span><a href= "https://www.project-syndicate.org/commentary/borrowing-and-spending-limits-in-ultra-low-interest-rate-environment-by-raghuram-rajan-2020-11"><span style="font-weight: 400;">How Much Debt Is Too Much?</span></a><span style="font-weight: 400;">” by Raghuram Rajan on Project Syndicate.</span></p> <p><span style="font-weight: 400;">In it, the author explores the shifting conventional wisdom on national debt and worries that countries may reach their limit far earlier than they think.</span></p>