From Torsten Slok: Here is a number for your dinner conversation tonight: Did you know that the US government last year on average paid $1.5bn each day in interest payments, and this is rising toward $2bn per day over the coming years, see chart below. And this number could rise further as interest rates go up because…
The post US Deficit: $1.5 Billion in Daily Interest appeared first on The Big Picture.
from The Big Picture https://ift.tt/2Otuywi
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