More Basic Math 101

| 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 […]

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