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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GraceZ who wrote (46716)	12/6/2005 2:14:50 AM
From: CalculatedRisk	Read Replies (2) of 110194

I'm sorry, but your numbers are wrong. As an example, the interest expense in fiscal 2005 was $352,350,252,507.90 Source: Treasury. GDP was around $12.4 Trillion. NOTE: GDP is usually measured in calendar years, interest expense for the fiscal year that ends Sept 30th, so they don't match up exactly. That is 2.8% of GDP (not the 1.5% you wrote). All of your other numbers are incorrect too - but I'm tired - so I won't correct them tonight.

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