US Interest Rates and Debt

US Government interest rates are past their low and set to RISE for YEARS:

“NEW YORK (TheStreet) -- One of the reasons that the crowd has continued to leverage itself into oblivion is the belief that the Federal Reserve has our backs and will do anything to keep another financial disaster like 2008 from happening again. Right now, at the top of what could be the greatest financial tidal wave to ever crest and roll over, we must examine the objective evidence to determine whether this belief is a valid conclusion or merely an illusion.”

http://www.thestreet.com/story/13240951/1/why-the-fed-is-losing-control-of-interest-rates.html?kval=dontmiss

and

“Turns out our debt could buy everyone on Earth an Apple Watch, an iPad, an iPhone 6 and a 13-inch MacBook Air. It could buy 1,000 nuclear submarines plus 3,000 B-2 Spirit bombers. Or a kidney transplant for 54.4 million people — nearly the combined population of California and Florida. Or four years of public college for every American under age 75. Our debt could reimburse every fast-food purchase made in the past 15 years worldwide. Or pay for eight Iraq wars. Or cover cleanup and repair costs for 100 Katrina-scale disasters. It could buy 1 billion tons of Bavarian bratwurst.”

http://www.chicagotribune.com/news/opinion/editorials/ct-national-debt-medicare-bush-obama-edit-0803-20150731-story.html