In the wake of the financial meltdown fifteen years ago, some countries placed strict limits on piling on public debt. Despite cries that this harms&nbsp;investment opportunities, the ”debt brakes”&nbsp;have worked well.

Original Article:&nbsp;<a href="https://mises.org/wire/fiscal-rules-do-not-undermine-investment-government-profligacy-does" target="_blank">Fiscal Rules Do Not Undermine Investment, But Government Profligacy Does</a>

In the wake of the financial meltdown fifteen years ago, some countries placed strict limits on piling on public debt. Despite cries that this harms investment opportunities, the ”debt brakes” have worked well.{ai:summary}<p>After the financial crisis, countries imposed debt limits to avoid economic disaster. Critics argue it stifles investment, but evidence shows the "debt brakes" are effective. #economy</p>

Fiscal Rules Do Not Undermine Investment, But Government Profligacy Does

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