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Spin Zone / Re: What exactly is it about Trump that qualify his win as equally bad?
« on: September 13, 2016, 04:47:34 PM »It is sustainable now ONLY because interest rates are close to 1%, and the debt service is STILL being paid for with borrowed money.
What happens when the Treasury yields start moving up to 2%? What about 4%, 6%, or more?
Total collapse. Interest rates are being held artificially low. It shows anemic and non existent economic growth. Interest rates can only go one way. UP. The stock market will tank and the true stagflation in our economy will be revealed.