This Has Never Happened Before… by Tyler Durden

Here’s a milestone, if you want to call it that, from Tyler Durden at zerohedge.com:

With debt ceilings, spending plans, and tax reforms focusing all eyes on Washington, we thought it notable that for the first time in US history, the cost of interest on US government debt has risen above half a trillion dollars

 

Source: @NorthmanTrader

One wonders, given the grandiose spending plans, if we will ever get back below half a trillion dollars?

Advertisements

One response to “This Has Never Happened Before… by Tyler Durden

  1. Pingback: Bigger Than Atlantic City, by Robert Gore | STRAIGHT LINE LOGIC

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s