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To: TheBattman

$20T @ 2% = $400B. 2% is a below average rate.

Avg rate is 5%.

$20T @ 5% = $1T.

5% is an average rate. The rate could go higher in the next 10 years.


26 posted on 05/05/2018 12:17:10 PM PDT by joshua c (To disrupt the system, we must disrupt our lives)
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To: joshua c

And that is without borrowing a single extra dollar - simply based on current debt (actually - the figure is now higher).

Only around $15T is “public” - meaning outside of intra-governmental loans (like the Social Security “trust fund” that Congress spends out of illegally)

Supposedly - current year debt interest being paid out by Federal Government is between $300-400 BILLION -


27 posted on 05/05/2018 8:20:53 PM PDT by TheBattman (Democrats-Progressives-Marxists-Socialists - redundant labels.)
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