Financing Washington’s Mountainous Debts: Here’s The Beef And It’s Scary! (Part 2)

The implicit notion–extant on both ends of the Accela Corridor—that the present financing arrangements for the $31 trillion of publicly held USTs represent the natural order of things in the financial markets is just damn nonsense. And that’s to say nothing of the brobdingnagian task ahead—finding a home for another $142 trillion of UST’s by […]

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