“If the Fed raises them at all significantly the crash will be epic.”
100%
What will the interest payments on the national debt be?
I have been preaching it. The red states had better secede or they will drag us all dole the hole.
We are on a national debt event horizon.
Any significant rise in interest rates will have a major impact on the budget deficit (interest payments) and then we start paying interest on interest on interest...
A black hole—no escape.