Biden's Borrowing Binge
Bidenomics is resulting in record increases in Government borrowing. The critical question is: how much debt will the markets support for how long? What is clear is that if or when the market looses confidence that this debt can be repaid without significant inflation, interest rates will blow up.
https://x.com/moxlosllc/status/1765383248190808318?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A
No comments:
Post a Comment