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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (40116)3/17/2013 9:10:14 PM
From: i-node1 Recommendation  Read Replies (1) | Respond to of 85487
 
>> One important thing to understand about debt is that you have to pay the interest on it. And debt servici

Let alone the possibility that interest rates rise.



To: Jorj X Mckie who wrote (40116)3/18/2013 1:03:43 AM
From: FJB1 Recommendation  Respond to of 85487
 
WHEN interest rates eventually rise, imagine how large debt service will be. Look at the interest rates that the PIGS countries have to pay on their debt. We would just be flat busted, not like we aren't already...


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