Monday, June 13, 2016

Coming 50% interest on Debt


Are you in debt?

They say debt free is the new sexy.

Within 6 years we may witness debt taxed @ 50% interest rates it is as simple as the Fed Rate going up 25% add that to your current credit card interest rate of 24.5% and you get 49.5% hey what's .50% when your that close to 50% anyway.

Just wait till your Local Federal Reserve raises rate to counter chaotic inflation.

If you have 100.00 in debt at the end of the year you could have as much as$50 in interest paid paying only the minimum payment.

It's not your fault no one wants your currency (US Dollars) it's just printed to oblivion. Infact you may even blame the world for refusing to trade and accept your paper dollars after all that's what the majority of people believe is that as long as I live in my bubble nothing else really matters.

But the rate hike could be as soon as 2 years plus 2 weeks and 1 day

GnS Research


No comments:

Post a Comment

Note: Only a member of this blog may post a comment.