Are you ready for the “Big Print”?
Allow me to explain what that means….
Basically, it’s pretty simple. The US has $9.2 trillion of it’s $36 trillion national debt that needs to be refinanced in 2025.
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If you’ve ever had to refinance your home, you know it’s best to do it when interest rates have dropped from your initial mortgage. If you have to refinance after rates have gone up, it can put you into a crisis. Your payment could double or even triple depending on how much rates have jumped — and you might not be able to afford the payment anymore.
That’s EXACTLY what has happened to the US debt.
$9.2 trillion was put onto the books when rates were super low. Now
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