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iShares 20+ Year Treasury Bond Message Board

  • mr_kn0wn_it_all mr_kn0wn_it_all Aug 16, 2013 12:52 PM Flag

    CAN THE US GOVERMENT AFFORD 6-8% INTREST RATES??? 1.4 TRILLION A YEAR IN INTREST PAYMENTS

     

    With intrest rates at 8% intrest paymnets would soar on the national debt to over 1.4 trillion dollars a year vs 2.3 trillion a year in taxes it would consume over 50% of federal taxes now can the us goverment afford 6-8% intrest rates answer hell no!!!!! Simple math folks

    Sentiment: Strong Sell

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