DexterOnline
Junior Member
- Joined
- Jan 29, 2015
- Messages
- 139
By 2025, when my eldest kids turn 37 they will face a present that is reminiscent of modern day economic miracle that Greece is.
So whosoever be in the White House in 10 years time most likely former 1st Lady whose fiscal policies be no different than her predecessor's currently holding the High office, would have to explain to the current generation how we got there in the 1st place.
When you lay the tax-burden of "haves" because "have-nots" have naughts then most likely the "haves" will put their money in places outside the US in safe houses of Luxembourg, Cayman Islands, Cyprus, and the likes
I know if I haven't got money to pay my current personal debt, it would be messier if I borrowed more to pay the previous debt
Calculating cost of debt is no easy task as it is akin to find yield to maturity on fixed income securities and if you were to really find out the cost of servicing the debt in the future then please take a sip of Vodka as the figure displayed on computer screen will send shivers down your spinal cord
Moody's, Standard & Poor's and Fitch although all being American organizations have already downgraded the Federal Treasury notes and bonds by a notch in 2008 and if you were to forecast the credit ratings in year 2025, better off having Junk Food that causes Obesity of Fiscal Tummy that caused early Debt for many
So how do you calculate the cost of till debt do US part
So whosoever be in the White House in 10 years time most likely former 1st Lady whose fiscal policies be no different than her predecessor's currently holding the High office, would have to explain to the current generation how we got there in the 1st place.
When you lay the tax-burden of "haves" because "have-nots" have naughts then most likely the "haves" will put their money in places outside the US in safe houses of Luxembourg, Cayman Islands, Cyprus, and the likes
I know if I haven't got money to pay my current personal debt, it would be messier if I borrowed more to pay the previous debt
Calculating cost of debt is no easy task as it is akin to find yield to maturity on fixed income securities and if you were to really find out the cost of servicing the debt in the future then please take a sip of Vodka as the figure displayed on computer screen will send shivers down your spinal cord
Moody's, Standard & Poor's and Fitch although all being American organizations have already downgraded the Federal Treasury notes and bonds by a notch in 2008 and if you were to forecast the credit ratings in year 2025, better off having Junk Food that causes Obesity of Fiscal Tummy that caused early Debt for many
So how do you calculate the cost of till debt do US part