Peter Schiff (@peterschiff) 's Twitter Profile
Peter Schiff

@peterschiff

Chief Economist & Global Strategist Europac.com, Founder SchiffSovereign.com, Host SchiffRadio.com, N.Y. Times Best Selling Author

ID: 56562803

linkhttp://amzn.to/1nDylDr calendar_today14-07-2009 01:28:42

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Peter Schiff (@peterschiff) 's Twitter Profile Photo
Peter Schiff
@peterschiff

5 months ago

Over the next four years, $28 trillion of the $36 trillion National Debt matures. Financing current deficits will add another $10 trillion. There is no way the U.S. can sell $38 trillion of Treasuries with a 4% handle. So either we pay 6% or more, or the Fed has to buy it all.