James Lavish warns of a government debt death spiral as demand for long-term bonds weakens

Odaily, citing a post from Bitcoin News on X, said James Lavish warned that governments are being pulled into a debt death spiral, with borrowing needs rising as existing interest costs mount. According to the post, he said authorities are being forced to take on more debt simply to cover interest payments on debt already outstanding. Lavish also pointed to weaker investor appetite for long-term government bonds, a shift that he said increases pressure on central banks to expand the money supply. The remarks focused on the interaction between sovereign borrowing costs, bond market demand, and monetary issuance pressure, without providing additional figures or a country-specific breakdown.