First published by Money Metals here:
https://www.moneymetals.com/news/2018/10/08/feds-interest-rates-time-bomb-us-economy-001631
One of the worst things for an over-heated and extremely leveraged economy is rising interest rates. So, with the recent 2-2.25% interest rate, big trouble is on the horizon, Also, with higher interest rates, the U.S. Treasury will have to fork out even more money to service its debt. In just a little more than two years, the U.S. Fed Funds Rate jumped by nearly 2%.
