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<title>Stockman calls this as the point of no return</title>
<link>http://teodesian.net/posts/ae287336-13f6-11ec-bdd7-b0283c41b123</link>
<description><![CDATA[<iframe class="responsive" src="https://www.youtube.com/embed/q24pH8BiMJo" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe><br />
Given the rate of increase in the debt, it's not like this latest debt enabling law would have made a difference; it was a fait accompli.  On the other hand, rates hitting 3% means that 100% of federal revenues are swallowed entirely by interest payments.  Which means this is indeed a very real point of no return for the feds.  Something's gotta give sooner than later.]]></description>
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<pubDate>2018-02-10T11:21:24</pubDate>
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<title>Stockman calls this as the point of no return</title>
<link>http://teodesian.net/posts/1518261684</link>
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Given the rate of increase in the debt, it's not like this latest debt enabling law would have made a difference; it was a fait accompli.  On the other hand, rates hitting 3% means that 100% of federal revenues are swallowed entirely by interest payments.  Which means this is indeed a very real point of no return for the feds.  Something's gotta give sooner than later.]]></description>
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