Interest at a % of GDP is now 2.4%…Janet Yellen thinks it will average 1.3% over the next 10 years. Does this seem likely? Possible?
Why would the Guidepost of Janet Yellen have anything to do with Net Interest as a % of GDP. Wouldn’t it be more important as a % of THE $$^&%## MONEY THE USA TAKES IN IN TAXES?????????????!!!!!!!!!!!!
No one in the economic world seems to pick up on this complete nonsense.
Does Russia think it is at war with only Ukraine? Of course not.
I was happier in France than coming home and thinking about these things.
Janet Yellen: The Desperation Is Clear. We Can't Pay The Interest On The Debt. Am I The Only One Who Knows This?