Ron Johnson: “Interest rates return to their normal rate of over 5%.”

“Who ever talks about that? Other than nobody? No, it's a debt crisis that is just looming. If you think the bursting of the housing bubble is bad, just wait till Interest rates return to their normal rate of over 5%. And we're spending more servicing our debt on interest payments than we spend for example defense or Social Security. There you've got a real debt crisis and we're just not addressing it.” (04:20–04:23)

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