08/09/18

The End Of Cheap Debt: The Fall & Rise Of Interest Rates



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The End Of Cheap Debt: The Fall & Rise Of Interest Rates
// Blog

Total debt (public + private) in America is currently at a staggering $67 trillion.

That number has been rising fast over the past 47 years, following the US dollar's transformation into a fully-fiat currency in August of 1971.

Perhaps this wouldn't be such a big concern were America's income, measured by GDP, we're growing at a similar rate. But it's not.

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