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Forum - Wall Street Pit (Liberty All-Star Equity Fund - USA)    Stock Due Diligence for All

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From: shurtha2000 (Rep: 102) reply to BottomofChartDate: 07/11/2018 09:03
Forum: Wall Street Pit - Msg #2742144 - List USA msgs Thread #674020403 (Rec: 1)
Re: 21 Trillion in Debt & US Running a 100 Billion Dollar a month budget deficit ...

Not too many people know this but we are fucked



Reply to BottomofChart - Msg #2742118 - 07/10/2018 23:25

21 Trillion in Debt & US Running a 100 Billion Dollar a month budget deficit or 1.2 Trillion a Year and thats while the US isn't even in a Recession or anything we have a economic down turn of any kind and tax revenues will plunge and the defciet will explode also interest rates spike up every 1% rise on 21 Trillion in Debt cost a extra 210 Billion a year at some point this has got to start to become a problem and concern for the markets a 1% rise in rates over 10 Years cost a Extra 2.1 Trillion no wonder the Fed is hell bent on keeping rates as low as they can for as long as they can.... They cant NEVER Raise them to high given this night mare math for the US Government

http://thehill.com/policy/finance/382033-deficit-nears-600-billion-in-first-half-of-2018
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