The U.S. government tried to borrow money but struggled to find enough lenders, resulting in higher interest rates than planned. The future looks even tougher, with key lenders like China, Japan, and the Fed showing reluctance.
Today, the US government tried to borrow a bunch of money. It didn’t go well
In order to get enough lenders, they had to offer a much higher interest rate than originally planned
While this was much weaker treasury demand than expected, it’s nothing compared to what we will… pic.twitter.com/8Lp5zsfmvx
— Joseph Brown (@heresyfinancial) November 10, 2023
Yesterday, the US government tried to borrow $24 billion by selling a bunch of 30 year debt.
It was a huge disaster. In order to get enough people to buy, the rate had to dramatically increase. Even then, then primary dealers had to buy 25% of the debt. The primary dealer are… pic.twitter.com/3gbAoAUPdx
— Wall Street Silver (@WallStreetSilv) November 10, 2023
30Y auction: biggest tail on record pic.twitter.com/JxHjkq7pgw
— zerohedge (@zerohedge) November 9, 2023
Bank of America: U.S. Debt Will Top $50 Trillion
(SHTF Plan)—Bank of America is warning the American slave class to expect the national debt to top $50 trillion. Citing data from the Congressional Budget Office, the U.S. national debt is very likely to surge by $20 trillion over the next decade.
That is if the entire global debt-based fiat currency system even lasts that long. The ruling classes of the globe have big plans to ensure they control every aspect of every human being’s existence on this planet.
Claiming a water pipe burst would have been more believable but they already played that card. $1T in interest payments per year now and no one wants to buy our junk bonds. You thought you had already seen inflation? Buckle up.
— America First (@JeffBaum782609) November 9, 2023
Sounds extremely secure & bullish 🤪 t.co/1oD9H4FAbQ pic.twitter.com/gQKxGNKW7Z
— Financelot (@FinanceLancelot) November 10, 2023
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