OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Fact

Posted by Ororeef @ 12:35 on October 22, 2017  

for every 1 %  increase in interest rates   there is a 25 %  increase in the deficit..

You still think rates will go up ?

This problem goes back to Robert Rubin that treas SEC for Clinton  who STUPIDLY  ran a Balanced budget by refinancing all our debt to short term debt  ….NOW think about how nice long term debt is when you have 20 years to pay it off instead of one YEAR in a sharply rising interest rate environment !  Thanks Clinton for nothing ! Stupid Bastard  he gets credit for Balancing his budget and puts us at Risk of Bankruptsy in this era….

Thanks for nothing !  Political short gain in exchange for RUINing the Country….

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.