Right now, getting the money isn't a huge problem, because the flight to safety has been so strong that rates are at ridiculously low levels. I suspect such large-scale borrowing will eventually result in long-term rates rising.
"Weimar" might merit some concern down the road, depending on the effects of the Fed going for a ZIRP, but quite the opposite is the concern right now. Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
As they say, we'll drive off that bridge if we come to it, Mary-Jo. Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
