Episode 381: $1 Trillion in Interest
The annual gross interest on the debt exceeded $1 trillion for the first time in history. Years ago, we warned that the combination of on-going deficits and inevitably higher interest rates would give us exactly what we have now.
Foolishness of the Week: 08:16 Main episode: 09:31
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Quick Hits
https://en.wikipedia.org/wiki/Jared_Bernstein…
The skinny
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