[JasonC]

Which is 5% of GDP, that is less than 1 years nominal or 2 years real, growth, and a solid chunk of which is oil spike related and temporary. Our interest rates might be 1-2% higher, the direction they are headed. No problem.

[Paul Ross]

Which is 5% of GDP,

WRONG. A trillion dollars is 0NE-TWELFTH. 8.33333% And growing. The vector of change portends calamity.

that is less than 1 years nominal or 2 years real, growth,

What are you smoking?

and a solid chunk of which is oil spike related and temporary.

Rooooooight.

Our interest rates might be 1-2% higher, the direction they are headed. No problem.

Not for China, obviously. They are the ones we will owe, and we will have to pay back with collapsed value dollars.

Thanks a bunch.