Aug. 10 at 8:03 PM
$GLD $JNUG $SLV $B $GDX
Folks, reality is beginning to assert itself here:
The Treasury's current borrowing strategy becomes increasingly difficult to sustain in 2027–28 if the govt continues running enormous deficits & keeps issuing roughly the same amount of longer-term debt. The monthly treasury borrowing has increased from
$155 billion to
$246 billion monthly, a 59% increase in borrowing/spending
The most important number is
$1.45 trillion SHORTFALL & understand when the BBB is en acted AFTER the midterms, means less tax revenue & w/fuel prices elevated GDP already @ 1.5% will decline further
Given how much money the govt is expected to need, the current borrowing machinery isn't BIG ENOUGH TO FINANCE THE PROJECTED REQUIREMENTS in 2027–28. But that doesn't stop them, it means debt issuance next yr will much much greater
ready yourselves for
$2.5 -
$2.8 trillion dollar deficits. The Golden Age
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