This will cost all of us, like a tax hike
Our debt just went into outer space.
This will be the end of America as we know it. Bonds will now be devalued and interest rates are going up. Many people just hanging on to their homes and minimum credit card payments will fall off the cliff. There is no safe place to put your money as the bond market is now going to fall.
This will be the end of America as we know it. Bonds will now be devalued and interest rates are going up. Many people just hanging on to their homes and minimum credit card payments will fall off the cliff. There is no safe place to put your money as the bond market is now going to fall.