GOLD 0.51% $1,391.7 gold futures

gold breaks out, page-71

  1. 5,460 Posts.
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    Timber... let us say the twist manages to force interest rates on average down to 2%.

    Let us say there is a recovery, and the interst rates rise to a whooping 3%. A 50% increase.

    Is your postion then, that a recovery will increase tax revenues 50% to (porportionally) cover the increase in interest payable.

    Any year 7 algebra student will be able to prove your position of 'debt dont matter, it will be OK, we will grow our way out' is mathematically impossible.
 
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