- PIMCO economist Peder Beck-Friis says that high US debt levels do not pose an immediate threat.
- History shows that policymakers will eventually tackle the issue, he wrote in The Financial Times.
- Before that happens, volatility will rise in financial markets and the macro economy, he noted.
Investors shouldn’t fear US debt crisis just yet, as the situation is more benign than it appears, PIMCO econmist P
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