Home
Help
Login
Register
JTF.ORG Forum
�
General Category
�
General Discussion
�
What's $16T anyway?
« previous
next »
Print
Pages: [
1
]
Go Down
Author
Topic: What's $16T anyway? (Read 384 times)
0 Members and 1 Guest are viewing this topic.
angryChineseKahanist
Gold Star JTF Member
Posts: 10543
☭=卐=☮
What's $16T anyway?
«
on:
September 05, 2012, 07:23:36 AM »
http://www.nypost.com/p/news/national/bam_debt_i30TcjjjFu5KnzvhXZsnQK
Logged
U+262d=U+5350=U+9774
Zelhar
Honorable Winged Member
Gold Star JTF Member
Posts: 10687
Re: What's $16T anyway?
«
Reply #1 on:
September 05, 2012, 10:02:48 AM »
If the US had to pay realistic interest rate of 6-7% which it would have to without the Fed buying up to 75% of the newly issued bonds, it would default.
Logged
Print
Pages: [
1
]
Go Up
« previous
next »
JTF.ORG Forum
�
General Category
�
General Discussion
�
What's $16T anyway?