The German government can borrow over ten years and pay 1.05%, while the US government pays some 2.5%. The German growth rate is 2.5-3% while the US growth rates is around 2%.
In other words, the politicians in DC, mostly Charles Schumer, Jack Lew, Obama, Janet Yellen and the Democrats, have rigged the rates to nearly double costing tax payers some $200 billion a year. Who gains? This rigging runs up the stock market, most Senators get free insider trading immunity and all are guided by the rate rigging. They are all assigned an investment manager from one of the several banks involved in the scheme.
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