SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RealMuLan who wrote (256445)8/18/2003 8:42:39 PM
From: Haim R. Branisteanu  Read Replies (1) of 436258
 
Interest payments?

Government debt around 6.7 trillion publicdebt.treas.gov

similar government agency debt

in total around $13 to $14 trillion

at average of 4.5% interest it is close to $700 to $800 billion I think.

between Aug. 1, & Aug. 15 US treasury debt increased by $20 billion, that is around 1.5 billion per day and does not include agency debt or commercial debt.

simple put the numbers are staggering and it seems no one cares any more ..... they buy the USD now
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext