The cost of the debt has gone up about 30% in the last month. I know this takes time to work into the system but it will have a huge effect on our budget even this year.
Anyone worried about the USA debt?
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I tend to not worry about things I have absolutely no control over.Comment
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Its the fear from stimulus removal that your 401ks should be worried about.AsiaMoviePass My Best Rebilling SiteComment
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At least you bring freedom to Irak and Afganistan with all that money.....
...... eeeeeeeeeee finally.... you didnt!Comment
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The interest rate on t-bills has risen dramatically. So if a ten year t bill is expiring. The new rate is now much higher then it was last month. A huge chunk of the us debt is short term so as they roll over in the next six months the interest charged on the debt will be going up.
The reason we can survive with the current debt level is because rates are so low. Or were.Comment
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