Total Collapse Of Society?

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Re: Total Collapse Of Society? #151402 04/23/2010 07:16 AM 04/23/2010 07:16 AM
Joined: Sep 2008 Posts: 951 TX - DAL P Pericles Member
Pericles Member P Joined: Sep 2008 Posts: 951 TX - DAL	Look here for what the .gov pays in interest rates: http://www.ustreas.gov/offices/domestic-finance/debt-management/interest-rate/yield.shtml These rates are abnormally low, and if they double (back to about average), the .gov pays twice the interest and adds hundreds of billions to the deficit. Plug in Jimmy Carter rates, and it is all over - the federal budget doubles and it is all interest payment. Compare to 1990 rates: http://www.ustreas.gov/offices/dome...nterest-rate/yield_historical_1990.shtml "I have sworn upon the altar of God, eternal hostility against every form of tyranny over the mind of man." Thomas Jefferson www.dallascitytroop.org