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Luke Gromen
@LukeGromen
Founder & President, Forest for the Trees (FFTT). Author of "The Mr. X Interviews, Volumes I & II.” I never solicit via DM's. RT not endorsements.
Joined December 2014
2.5K Following    631.4K Followers
5% on $40T in US Federal debt = $2T proforma. How restrictive to growth is it for the US govt to shell out $2t/year (6.5% of GDP) in interest "stimmy's" to Boomers, who are already the richest generation in history & will likely therefore spend it ASAP before they die? LOL
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*FIVE-YEAR TREASURY YIELD RISES TO 5% FOR FIRST TIME SINCE 2007