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...Economy Currently, the US government has the capa to borrow large amounts of money with consumers getting home loans, student loans, and car loans at dramatically low rates. By the time this rates change, (this environment will change soon) it is going to devastate the economy of US. The government has not yet fallen apart because the federal government can borrow massive amounts of cash cheaply. Incase interest rates in American debt return to average levels, a complete collapse is predicted. Based on the rapid decline of the dollar, and the amount of money printing that the Federal Reserve has done, interest rates will go up. Rising interest rates will devastate the government and would... The US...