$38 trillion in debt at 5% = $1.9 trillion in interest expense per year. That is ~50% of tax revenue… The Fed is not in control. The Bond Market is in control. January 8, 2023 8:17 am
The establishment seem very keen to tell us that US interest-rates are going higher January 5, 2023 6:41 pm
Intelligence Community had a strong interest in trying to shut down links between Biden and Ukraine corruption December 25, 2022 7:49 pm
Game over for Japan, 100% of the Japanese budget goes to paying interest on their debt December 20, 2022 8:06 pm
We are in the midst of quite an interest-rate party December 16, 2022 8:14 pmDecember 15, 2022 1:18 pm
Fed Economic Projections are out. Here’s where they want the interest rates in 2023/2024 December 14, 2022 9:07 pm
IMF Chief Says US Must Keep Raising Interest Rates Because “They Owe It” To The World December 1, 2022 8:27 am
Bad Sign! What Interest Rates Are Telling Us (US 10Y-2Y Curve Inverts To -80 Basis Points, Euro 10Y Yields Falling, Fed Funds Rate Priced At 2.301% By January 2024) November 26, 2022 2:28 pm
Warning over mortgage ‘timebomb’ as homeowners ‘face biggest hike in interest payments ever’ (UK f*cked borrowers are about to learn the key difference between “homeowner” and “mortgage payer). November 21, 2022 4:07 pm
Credit Card Interest Rates In The United States Soar To The Highest They’ve Been In 30 Years November 12, 2022 10:19 amNovember 11, 2022 2:24 pm
Following 73/74 inflation crisis US small caps did best within high interest rate high inflation environment November 7, 2022 2:08 pm
US Defence Spending ($767bn, 2022) soon to be exceeded by Annualized US Debt Interest Payment ($737bn) November 5, 2022 7:41 pm