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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (57222)	3/22/2015 4:19:21 PM
From: John	3 Recommendations Recommended By ggersh maceng2 roguedolphin Read Replies (1) \| Respond to of 71475

Yes, those are very good points. Any rise in interest rates, even a very small rise, would result in a very significant and totally debilitating slice out of the U.S. government's budget. They may ultimately try to work with very small changes, such as an increase of 5 basis points, but I think 25 basis point changes all at once are a thing of the past. Can you imagine an interest rate of even 5% today? LOL! It would cripple the U.S. government's ability to spend! Even if they taxed every billionaire and millionaire 100%, they couldn't begin to dig themselves out of their self-dug hole. The truth is that the $hit hit the fan years ago. We lived through it. The threat now is BIGGER $hit and MORE $hit hitting MANY BIGGER fans. -nfg-