We are going down a very DARK road

Re-filling the FEMA coffers to the tune of 12-14,000,000,000 was rejected 3 times in the last 2 years. US public debt has jumped $345 billion over the last 3 days hitting another record of $35.7 trillion. BREAKING: US public debt …

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TBAC-O Road? Treasury Announces Big Cut In Borrowing (Despite Skyrocketing Deficits) But Shifting Towards More Expensive, Higher Duration Coupon Bonds

by confoundedinterest17 Constitution Avenue in Washington DC is actually becoming Tobacco Road. No, not the dysfunctional family of Georgia sharecroppers during the Great Depression, but the Treasury Borrowing Advisory Committee (TBAC). On Monday, after we got the first part of the Treasury’s …

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