Druckenmiller: 'Interest On The Debt Is Going To Kill Us'

Mar 6, 2013 at 9:34 PM
DailyBail in Debt & Deficit, National Debt, Stanley Druckenmiller, cnbc, cnbc video, cnbc video, debt, deficit, deficit, entitlements, entitlements, interest on the debt, national debt, national debt watch

Hedge fund legend Stanley Druckenmiller on exploding debt interest.

Two short highlight clips from Druckenmiller's interview last week on CNBC

WSJ Editorial By Druckenmiller...

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Here's a chart of interest paid on the U.S. national debt.

Interestingly, we have already paid $150 billion for fiscal 2013.

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More Druckenmiller:

'The bond market is a funny thing...'

 

Meanwhile, the U.S. Debt Machine rolls on, borrowing $50,000 per second.

 

 

CHART: CBO Projection of Federal Spending

Article originally appeared on The Daily Bail (http://dailybail.com/).