MASSIVE U.S. TREASURY FINANCE DWARFS PHYSICAL ECONOMY: Has U.S. Treasury Market Hit The Red Queen Syndrome?
It was no coincidence that Fitch downgraded U.S. Credit as the massive U.S. Treasury Finance dwarfs the underlying physical economy. And to make matters even worse, the U.S. Government will run out of funding by the end of September if a temporary spending bill isn’t passed… LOL…