Monday, February 12, 2018

It was go for broke or sequester

Federal taxpayers have had their interest charges almost double in 18 months. The ten year started at 1.53 and might end up just north of 3.0.

This is congress paying for past imbalances.  The sequester would have killed the small states. Powell has no ammo, the fiats are losing market share, so their tax base is drying up,   Tax payers IDs are essentially worthless, having been given up by Equifax.  

Nightmare scenario.

No comments: