US GOVERMENT 17 TRILLION DOLLARS IN DEBT EVERY 1% RISE IN RATES COST A EXTRA 170 BILLON A YEAR
Us goverment 17 trillion dollars in debt every 1% rise in rates cost a extra 170 billon a year in fact if rates go back to normal 6% intrest payments on the us national debt will soar to over 1 trillion dollars a year vs 2.3 trillion in tax revenues!!!!
this will put a whole in the us federal budget bigger then that of the pentagon!!!
rates rise any more beyond that and the goverment cant pay!!!