More Basic Math 101
thestatedtruth.com | April 25, 2011
Low interest rates are here forever….or it’s game over! Realistically speaking, we all know interest rates can’t stay low forever, so…..it’s just a matter of time. With ultra low interest rates, the U.S. interest expense is $440 billion this year or 3% of GDP. If government borrowing rates were to rise a mere 2%, interest expense […]