Source: New York Post
If you’re worrying about a pending fiscal Armageddon over the country’s debt, it’s time to waste your cortisol spikes on something else. True, the country hit a couple of seemingly scary milestones this week that no one really wants to brag about: A total debt load of $40 trillion and interest rates spiking to levels not seen in two decades. Interest rates on the 30-year bond are well above 5%, and those on the 10 year seemingly heading toward the dangerous 5% marker.
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