Rick Santelli: if federal spending doesn’t come down we could see 14% treasuries.
— Peter St Onge, Ph.D. (@profstonge) October 5, 2023
Last time that happened in the 1970’s it brought 11% unemployment and 18% mortgages. Today, with $33 trillion in debt, it would be catastrophic. pic.twitter.com/9ZtPFsHSJG
Thursday, October 5, 2023
Rick Santelli: if federal spending doesn’t come down we could see 14% treasuries.
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