if we don’t get a big recession, and force drastic interest rate cuts, our interest on the national debt could exceed $1.5T per year.
The Tariffs are contributing to the slide, along with over leveraging, consumer debt hitting a ceiling, savings rates still near all time lows. The biggest reason for the collapse is to force the Fed into lowering interest rates. We have around 7-9T dollars needing to be refinanced by September, we’d much rather do it at say 2-3% than 5-6%. The interest savings alone would be upwards to $200B a year. In case you’re wondering, yes this is being done on purpose.
Dammit. I was going to try and get in before the most miserable douche online could get in with a glib quip about how the guy brought it on himself.
Gotta be quicker I guess.
lol your unvested 80 shares of amazon are cute
Love them both. Don’t care that they are fighting, I actually like it. Maybe I just like fighters.