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RE: A Bitter Winter for US Stocks: By Bill Bonner - September 25, 2017 - For Markets & Money
I've wondered what's gonna happen when they raise interest rates to more normal rates since the interest on the US $20 trillion in debt is going to cost $200 billion per year for every percentage point they raise it.
The average person in America doesn't even seem to know how much the debt is or understand why it is so bad and how it affects them and their children. I know I'm preaching to the choir here but good lord it pisses me off how stupid the politicians in DC are and how brainwashed and ignorant so many Americans are.