U.S. Budget Deficit Continues To Deteriorate

The U.S. budget deficit is approaching $2 trillion on a 12-month rolling basis. Without the central bank – Fed and foreign – financing, it will eventually bite the financial markets hard.  And then there is the political issue of the debt ceiling.   Watch this space.  

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.