[faithhopecharity]

the entire federal government financing scheme would crash with higher rates

[hardspunned]

When we took the Volker medicine the national debt was less than $1T. By the end of ‘22 it’ll be what, $40T?

[unclebankster]

“the entire federal government financing scheme would crash with higher rates”

The financing scheme would change & may crash, but that doesn’t mean cheap money is here forever.

Here are the top 6 cumulative outlays for 2021 in billions.

1) Income Security 1,649
2) Social Security 1,135
3) Health 797
4) National Defense 755
5) Medicare 696
6) Net Interest* 352

* The Net Interest category could double and I still won’t worry about it. Look at all that fat above it.

I think rate hikes are coming, regardless of what naysayers think.