thanx pug i was just had a quick look at interest cover quote "reading financial reports for dummies" ebitda / interest expense = interest cover ratio "you shoudl be concerned about a company's fiscal health any time you see an interest coverage ratio of less than 1.5"
if debt to gdp was 100% interest cover would be about 10 %(assuming interest is about 10%) 10 times interest is ok for business but not ok for a national economy wonder why? 10% interest would mean less to spend on defense, health, infrastructure sure but would that be the end of the world?
