Detailed text transcripts for TV channel - MSNBC - 20180719:13:44:00
Want to be physically safe, financially secure. >> i don't think they think about it that much. >> why should they? >> why should they is because ultimately if you have a federal government running massive deficits of debt every year, interest rates start to go up. people who are buying our debt, our treasuries, don't trust the government to be able to pay it back. because the deficits are so high. what do higher interest rates mean? more expensive mortgages. less economic growth. fewer jobs. that people will care about. the abstract level, this big number, people are like, that uuk is sucks b...
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