20 reasons global debt time bomb explodes soon, page-4

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?