With #China imploding again and concerns about it exporting deflation around the world, not all regions will be affected equally, global commodities are damaged, but for other goods and services, the EU is most vulnerable and the US is least vulnerable d. The US government now pays an average of $3 billion in interest per day. If the #Fed cuts interest rates by 1 percentage point and the entire yield curve falls by 1 percentage point, then daily interest payments will fall from $3 billion to $2.5 billion