As long as the bid-to-cover is ok there's no reason to believe that the demand is not there to soak up the supply.
When it's not...we shall.
When it's not...we shall.
Tax Receipts in U.S. 'Collapsing': Gov Needs to Float Add'l 2.4 Trillion in Bonds
- Thread starter ByLoSellHi
- Start date
Tax receipts collapsing ?
Just wait until the first bond auction failure....
And remember this....
Just about everyone who reads the news knows that
the other countries do not have the money either....
Thus where is it going to come from ?
Someone's printing press....
Could be an American printing press or non-American....
Let the well coordinated fiat wars begin !!!!!!
Who needs to downsize and live within their means ?
When there is a printing press available ?
There will always be PLENTY OF MONEY !!!!!!
The reason for international cooperation becomes clear....eh ?
Just wait until the first bond auction failure....
And remember this....
Just about everyone who reads the news knows that
the other countries do not have the money either....
Thus where is it going to come from ?
Someone's printing press....
Could be an American printing press or non-American....
Let the well coordinated fiat wars begin !!!!!!
Who needs to downsize and live within their means ?
When there is a printing press available ?
There will always be PLENTY OF MONEY !!!!!!
The reason for international cooperation becomes clear....eh ?
The problem is not that government isn't "smart"... they are. The problem is that they are SELF-SERVING, GREEDY, LYING, THIEVING BASTARDS... and the "average American" is so politically and financially naive, politicians' feet are never held to the fire.
But wait-- we have LOWER tax rates than the 90s, and cutting taxes is supposed to raise revenues. What happened supply siders?