"This book truly
is a must read."
-- Congressman Ron Paul
ON BORROWED TIME!
INTEREST ON U.S. GOV DEBT... TICK, TICK, TICK...
It’s not talked about much, at least by mainstream analysts, but make no mistake, it’s a time bomb, locked and loaded, and it’s set to blow the U.S. government’s budget sky high.
That time bomb? The interest cost on the government’s debt.
And what you ask will light the fuse? The end of the 30 year bull market in U.S. government debt, the end of record low interest rates.
In my opinion, unless politicians decide to renege on the government’s obligations, it’s not a matter of if, it’s a matter of when. And in the end neither the U.S. government nor the Federal Reserve can do anything about it.
