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Biotech / Medical : 2012 Biotech Charity Contest -- Ignore unavailable to you. Want to Upgrade?


To: Chris08 who wrote (289)6/26/2012 12:22:47 PM
From: Steve Lokness  Read Replies (2) | Respond to of 513
 
<<<<Hmmm you think the US debt that China owns has floating interest rates?>>>>

No, I think as the debt roles over and must be refinanced it then must be subject to the then going new rate. That is what happened in Greece and Spain. That's the evil of this debt we have. There is absolutely no way it can be paid down fast - we're stuck with it no matter where interest rates go.