Replies

To: Jonty30

The debt is constant

Until it's repudiated.

I give it 24 months, at the outside.

5 posted on 05/19/2023 8:30:51 PM PDT by Jim Noble (It is the Right of the People to alter or to abolish it, and to institute new Government)

To: Jim Noble

Imagine the losses on the bonds Fannie May, Freddie Mac, and Ginnie May issued to be able to lend for 30 years at 3% to 4%.

They borrowed short term and lent long term.

All their debt is not part of the “National Debt. “

13 posted on 05/19/2023 11:35:02 PM PDT by tired&retired (Blessings )

To: Jim Noble

Do you have a Degree in Business and/or major in econ?

15 posted on 05/20/2023 1:28:30 AM PDT by Lumper20 (Ham)

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