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To: skinowski who wrote (85882)11/16/2003 12:20:49 PM
From: SwampDogg  Read Replies (2) | Respond to of 209892
 
Looks like at the current pace the US debt will reach $7 trillion by the end of the year. That is only $1 trillion above the level that was thought to be the solvency ceiling.

I wonder how the Feds are going to buy back bonds if rates go up with that level of debt.