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Annum or at the Highest Legal Rate, Whichever is Less, from the Date of Such Default until All Sums Form

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Annum or at the Highest Legal Rate, Whichever is Less, from the Date of Such Default until All Sums Form

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all right so let let's break this down really quick I'm I'm going to set you up here so your idea is that uh Vivic ramaswami and Elon Musk they could help housing cost which is basically mortgage rates if they reduce the national deficit and that would lower bond yields I'll let you take it from there the rest of the thesis uh well you know we have seen the Federal Reserve already cut rates by 75 basis points but the 10-year treasury yields has been rising uh so the Federal Reserve is not lowering the mortgage rate and the reasoning for that uh could be that we have very high budget deficit large debt to continue to grow by two trillion a year so if somehow the government spending can be reduced because we know that President Trump will extend his tax cuts so they tax cut uh there would not be a possibility of a tax increase so only way to reduce the debt level is to reduce government uh spending and we have Elam musk along with vivac ramaswami looking f

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