Thursday, June 29, 2017

Treasury Will Run Out Of Cash In Mid-October, CBO Warns

The US government is Illinois 2.0 on steroids.  The key difference being, of course, the US Treasury and Fed will just create more dollars out of thin air, and Congress will just raise the debt limit, kicking the can down the road further.  The problem is one day, that can will be a boulder.

http://www.zerohedge.com/news/2017-06-29/treasury-will-run-out-cash-mid-october-cbo-warns

No comments:

Post a Comment