Originally Posted by cosmo20002
The interest rate on bonds compared to 1980 isn't the issue. What was the effect of the credit downgrade and what was the resulting increase in interest expense?
Did you not SEE that MASSIVE jump in rates after the downgrade!!!! It's right there on all the charts!
Oh wait... it isn't.
But I'm sure it's just like Obamacare... without Obamacare health insurance rates we be going up EVEN more than they are... without the downgrade the interest rates would have DROPPED.. not sure how NEGATIVE interest rates would work but I'm sure you can tell us!
It must be wonderful to have rampant unfounded speculation without actual facts as your basis for argument.