What Happens If Interest Rates Hit 10 Percent?

Mark Cuban says something has got to give if interest rates go to 6 percent, 8 percent, or 10 percent. At current interest rates, the country is paying a trillion dollars in interest every year.

If interest rates keep going up, if what the country has to borrow keeps going up, and if hyperscalers keep competing to get access to the money, something gets crowded out. Mark Cuban says he does not know which part breaks because he is not enough of a financial expert, and he still says something is going to give. Steven Bartlett asks whether Mark Cuban is playing defense just in case. Mark Cuban says yes. He has money in more than one country, and he has not invested nearly as much. He calls the approach the old Warren Buffett thing: he will wait and see as things happen. Mark Cuban says he might lose a little bit because he is not as protected as he should have been. He wants to give it some time to see how things play out.