1. Wednesday, September 25, 2013 - 8:57 PM
Right on the mark. That's exactly why the Fed can't even consider raising interest rates. The country would implode due to interest on debt.
2,380 posts since
Apr 6, 2010
Rep Points: 12,705
2. Wednesday, September 25, 2013 - 9:23 PM
I have read about this in other reports. That is why I am grateful to even be getting 2% for my 5 year CDs. I think it will be a long time before they can afford to give us higher rates so I am trying to survive on whatever I can get. This makes for a very frightening future for us and our country.
1,148 posts since
Aug 10, 2011
Rep Points: 5,121