The Failing Fed, Banks and Rising Rates
Wealthion - Be Financially Resilient
Analyzing the Growing US Deficit and Concerns about Bond Auctions
The chapter delves into the escalating US deficit exceeding $35 trillion, raising apprehensions about potential bond auction failures in the quest for extensive funding. Despite the current debt to GDP ratio not standing out compared to other nations, the ongoing trend of mounting deficits amidst economic upswings sparks unease, with no party effectively tackling the issue, hinting at a future burden on the market.
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