By the end of Q1, the US government will have come very close to running up as much debt as was forecast for the entire year.
DC’s Debt Trap By Alasdair Macleod "Federal debt is soaring out of control, and perhaps it is not surprising that the CBO has not updated its forecasts with this debt uncertainty."
It's astonishing to me how CBs managed another year (even after a brutal bond sell-off) without crisis in the banking sector or in one of the large currencies. 2024 will be another year ''of the pump''
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Accelerating.
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