Jul. 8 at 7:56 PM
$B $GLD $JNUG $SLV $GDX
Trump: We're Going to Be Asking for
$1.5T Coming Up for U.S. Military
50% increase that would "financed" via moar debt issuance as the US is currently paying
$1.3 trillion in interest w/our current debt levels. Folks still of the belief that Warsh will be raising rates (who is going to buy this debt)
Last Sept US Treasury issued out the largest SHORT-TERM auction in US HISTORY which was
$100 billion in 4wk bills . Also while currently Hedge funds now own around
$2.5 TRILLION of U.S debt, more than DOUBLE what they held in 2022
The geniuses fund it through taking out short-term debt backed by U.S Treasuries. That’s right, they use U.S Treasuries as collateral to buy more U.S Treasuries
Why this matters: Annual U.S deficits are around
$2 trillion, rapidly piling on to the
$39 trillion national debt total w/interest costs alone reaching
$1.3 trillion a yr
Guess what the U.S does? That’s right, they issue more Treasuries to finance it
https://www.youtube.com/watch?v=K3XdSWgG8I8
