How soon till the cost of financing our debt starts to bite? The cost of borrowing for the American dollars can only go up.
It happens almost immediately by way of the exchange rates of currencies and the interest rates on those debt instruments that people are purchasing in the primary market.
The cost of borrowing for the American dollars can only go up.
Rephrase this in a different way and I'll attempt to respond to it. As it is written I am not sure what you're trying to get across.