Caption: Money Matters Award Winning Host Marc Cuniberti
Money Matters Award Winning Host Marc Cuniberti 

Moneymatters069- America is on a Adjustable Rate Mortgage

From: Marc Cuniberti
Series: Money Matters Economic Commentary- The Economy, the markets and our fiscal policy.
Length: 03:00

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With massive debt, America has much of it on borrowed at low rates and short term. If rates spike, America will pay more for its debt!

Radiofilephotocuniberti_small Much like homeowners did in the bubble, America has borrowed massive amounts at adjustable rates and if rates spike, we get foreclosed upon! An EVERGREEN piece (air anytime for 2012) and enlightening!

Piece Description

Much like homeowners did in the bubble, America has borrowed massive amounts at adjustable rates and if rates spike, we get foreclosed upon! An EVERGREEN piece (air anytime for 2012) and enlightening!