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(The Year 2012 In Review)
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|User Info||GDP Report: Liar Liar Pants On Fire; entered at 2010-07-30 09:42:20|
Registered: 2008-02-05 Minnesota
~1% for population. Debt service is variable - total debt out is ~350% of GDP, so figure the service percentage and then figure out what's required to "tread water."
So, as long as we can keep debt service at around 0.4%, then everything's fine! That should be easy in a ZIRP environment, we just need to refinance a few Trillion into one-year or shorter duration bonds, at effectively zero interest, and everything balances out.