Loading ...Re yr people can’t afford 18 %…….plus they would have to pay huge taxes, just so the Government could pay interest on it’s debt and tks to Clinton…..most debt is short term…like 5 yrs and less…so they have to keep coming to the mkt to rollover maturing debt……
As u say the numbers just can’t be made to work…..default is the only answer… !!!!
Meanwhile everyone will party for a few months as rates ease.