Total debt outstanding in the U.S. is over $80T. Bill Dudley says rates may go to 4.5%. That would be an increase of $3.6T in interest expense on a $21T economy or 17% of GDP, which would also lead to vicious negative feed back loops. This is pure comedy:https://t.co/srjrypS2Gt pic.twitter.com/IJYPohvjQu

— Garic Moran (@GaricMoran) May 10, 2021