|
10cm member
Barn Stall Owner #90125
NCM Supporter '19,'20
Points: 223,717, Level: 100 |
Join Date: Jan 2011
Location: Houston, Tejas, Estados Unidos
Posts: 81,866
Thanks: 37,121
Thanked 41,428 Times in 17,234 Posts
Gameroom Barn Bucks: $2621492
|
We owe over $ 19T. We owe more than our GDP. You can't EVER raise interest rates again, as that would just put us to the point where we couldn't even make the interest payments on the debt and we'd have to admit we failed, just like Iceland and Greece. This point will hit us soon enough, raising interest rates would just speed up the inevitable.
|