Bill’s Commentary:
“Do you remember the movie “Rollover”? Who exactly is going to refinance this debt?”
$7.6 trillion of publicly held U.S. government debt matures in next 12 months. What does the Treasury do next?
Close to a third of all publicly-held, outstanding U.S. government debt is set to mature in the next 12 months, raising questions about where Treasury might go from there to finance the government’s borrowing needs.
A total of $7.6 trillion will mature in the next year, approaching the level seen in early 2021, according to a chart provided by Torsten Slok, the New York-based chief economist at asset management firm Apollo. In an online post, Slok said that’s been a source of upward pressure on rates, though strategists countered by saying such a statement is hard to prove.
The latest from Erik –
Bill’s Commentary:
“Some on target Erik for the weekend.”
Thank you pamelamoves@gmail.com
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Hi Bill,I thought when the Rothschild estate went up for sale piece by piece, the proceeds would be more than enough to pay off the debt. Mary Ann
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Bill:
Here is the best blog I have seen in a while. It is about 20 minutes long, so not a large investment for so much background information.
[ https://www.bitchute.com/video/h2QVWVIMNrWR/ | THE BEST VIDEO GOING AROUND! THEY’RE ALL GOING TO JAIL!! (bitchute.com) ]
So many of my friends drank the cool aid.
Dave
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