7.6 Trillion dollars of debt will be "maturing" this year.
The US Gov does not have 7.6 Trillion dollars to repay, so it will be refinanced at higher interest rates.
Which means the US will run a higher annual deficit every year, moving forward.
Is the USA technically Bankrupt?, page-4
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)