Posts of Interest

2/6/10

What happens when supply exceeds demand?


…the U.S. government has a record $2.5 trillion of its debt, including bills, bonds and notes, rolling over in 2010.  That…is 35% of the outstanding level of Uncle Sam’s marketable obligations having to be refinanced in one single year.


 


David Rosenberg, Via Business Insider


2 comments:

  1. Not if the government prints enough to surpass defaulting or expiring debt.

    That's the rub.

    g

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