@NotEnoughAnts @sour_altoid 20%+ Treasury rates. But there was far less debt outstanding back then. High interest rates today would suppress debt rollovers, triggering such long domino trains of defaults that it's inconceivable.
@NotEnoughAnts @sour_altoid 20% 的国债利率。但当时的未偿债务要少得多。今天的高利率将抑制债务展期，引发如此长的多米诺骨牌拖欠，这是不可想象的。