Jim Grant: "Repo issues showing that weight of US debt/deficits beginning to matter on Wall Street

Interesting interview just came out yesterday:

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IPOs trading below initial price is one of the most common patterns. But he is right to be concerned about the federal debt,federal bonds always seemed risky for the past 10 years they were never risk free. I tried not to loan IRS much on my taxes also.:cool::cool:
 
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