“If interest rates continue to rise rapidly, it will be more expensive for the U.S. government to borrow money, it will be more expensive for state and local governments to borrow money, the housing market may crash again, consumer debt will become more expensive, junk bond investors will be in for a world of hurt, the stock market will experience a tremendous amount of pain and there is a good chance that we could see the 441 trillion dollar interest rate derivatives bubble implode. And that is just for starters. So yes, we all need to be carefully watching the yield on 10 year U.S. Treasuries.”
What Is Going To Happen If Interest Rates Continue To Rise Rapidly?
- Post author:The Freedom Watch Staff
- Post published:August 22, 2013
- Post category:Network Archives / The Freedom Watch
Tags: Alternative News, Bailout Fail, Bankocracy, CLibertyC, constitutional liberty coalition, economic Trends, for life and liberty, Investment/Trends, Resistance, sound money, The Freedom Watch, What Could Possibly Go Wrong
The Freedom Watch Staff
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