Re: National Debt and Deficits
It is a problem going forward...
We, as voters, keep voting for more of the same. Treasuries and Gubmint Bonds are now more difficult to sell - hence their interest rates are going up. It really doesn't matter what the FED does. How many of us actually own much 'F Fund'? At what interest rate(s) would any of us be open to purchasing the 'F Fund'? The FED is NOT compelled to buy our crappy Federal gubmint debt - and, I doubt they will. We know what is coming and it is our fault.
The politicians we elect voted to raise the debt ceiling. That's nice!!!
Lookin' up at the 'G Fund'!!!
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