US interest expense for June 2012 [General] - MarketTicker Forums


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User Info	US interest expense for June 2012 in forum [General]
Fraudster Posts: 4176 Incept: 2011-05-10	$103,886,876,062.52 https://www.treasurydirect.gov/govt/repo.... Probably one off, but still pretty significant. ---------- *"Let China sleep, for when she wakes, she will shake the world."* - Napoleon Bonaparte *"Circulation ceases first at the outer edges [Europe and Japan]. It will take a while yet for the decay to reach the heart [America]."* - Foundation & Empire by Isaac Asimov 2012-07-09 11:26:37 Permalink
Pooslinger Posts: 4393 Incept: 2007-11-06 Illinois	Anyone else notice the debt clock has slowed dramatically? 2012-07-09 11:51:05 Permalink
Asimov Posts: 104066 Incept: 2007-08-26 East Tennessee Eastern Time	Aren't we at or near the debt ceiling? ---------- It's justifiably immoral to deal morally with an immoral entity. If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente. 2012-07-09 11:55:10 Permalink
Fraudster Posts: 4176 Incept: 2011-05-10	Debt to the penny seems to be showing that debt accumulation is picking up. ---------- *"Let China sleep, for when she wakes, she will shake the world."* - Napoleon Bonaparte *"Circulation ceases first at the outer edges [Europe and Japan]. It will take a while yet for the decay to reach the heart [America]."* - Foundation & Empire by Isaac Asimov 2012-07-09 11:57:23 Permalink
Pooslinger Posts: 4393 Incept: 2007-11-06 Illinois	I think it's over 16T. 2012-07-09 11:57:41 Permalink
Peter Posts: 604 Incept: 2008-08-22 Calgary, Alberta	Why do the historical Interest Expense not match the amount in the Budgets submitted by Obama? 2012-07-09 16:16:38 Permalink
Rvacha Posts: 8300 Incept: 2008-10-03 Cleveland	Not quite 16T. 15.88T Interest expense for the fiscal year to date is actually down a bit compared to the same time last year driven in part by a reduction in average interest rate (presently 2.65%) ---------- "I suggest you panic." - Hugh Hendry 2012-07-09 22:50:07 Permalink
Fraudster Posts: 4176 Incept: 2011-05-10	Yet debt accumulation appears to be picking up steam. So lower interest (rates) and faster debt accumulation, equals? ---------- *"Let China sleep, for when she wakes, she will shake the world."* - Napoleon Bonaparte *"Circulation ceases first at the outer edges [Europe and Japan]. It will take a while yet for the decay to reach the heart [America]."* - Foundation & Empire by Isaac Asimov 2012-07-10 00:03:22 Permalink
Colk55 Posts: 2428 Incept: 2010-02-11 Indiana	The finagling over spending last year resulted in an agreement to raise the ceiling over $16T, I believe to $16.4T, enough that raising it again during FY 2012 wouldn't become an inconvenient election year issue. ---------- The politician's motto: If you can't dazzle them with brilliance, baffle them with bull***. 2012-07-10 00:26:55 Permalink*