Commodity Trade Mantra

Posts Tagged ‘Interest Payments’

Why We're Doomed: Interest and Debt

Even if the economy were growing at a faster pace, it wouldn’t come close to offsetting the interest payments on our ever-expanding debt. This leaves the entire Status Quo increasingly vulnerable to any sort of credit shock; either rising rates or a decline in the rate of debt expansion will cause the system to implode.

US now Spending 26% of available Tax Revenue just to pay Interest

In Fiscal Year 2013, the US collected $2.49 trillion in tax revenue & after deducting payroll tax of $891 billion (tied directly to funding Social Security & Medicare), had $1.599 trillion available to pay for its operations & total US interest payments were a whopping $415 billion – That’s Approximately 26%

follow us

markets snapshot


Market Quotes are powered by Investing.com India

live commodity prices


Commodities are powered by Investing.com India

our latest tweets

follow us on facebook