If Treasury yield doubled, the Interest payment wouldn't exactly double but we continue to assume more debt and, in time, payments would/could double and triple.
I believe we (America) should borrow even more! At least, we need a cushion of cash and lock in 30 year rates at these bargains!
“To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.” ---Ralph Waldo Emerson
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