Originally Posted by CashisKing
Originally Posted by OutlawPatriot
What scares me more is what happens if we have a several year uptrend in interest rates, something we haven't seen in decades.


Actually... I don't see any way possible that that does not happen.

The biggest problem with that is when the rates go up so do the rates on the National Dept... and "United States Total Debt accounted for 895.4 % of the country's GDP in 2020" https://www.ceicdata.com/en/indicator/united-states/total-debt--of-gdp

Personally... I am thinking below is an OPTIMISTIC chart...

[Linked Image from i.postimg.cc]

https://www.crfb.org/papers/interest-payments-federal-budget


I agree that this is very optimistic. Assume the national debt is $30 trillion. So every 1% increase in interest rates is $300 billion in additional interest on that debt.