The United States government is financing its more than trillion-dollar-a-year borrowing with i.o.u.'s on terms that seem too good to be true.Read the whole thing. When the crunch finally hits, that haunting voice you hear in your head will be Ron Paul saying, "I told you so."
But that happy situation, aided by ultralow interest rates, may not last much longer.
Treasury officials now face a trifecta of headaches: a mountain of new debt, a balloon of short-term borrowings that come due in the months ahead, and interest rates that are sure to climb back to normal as soon as the Federal Reserve decides that the emergency has passed.
Voices of the 2026 Worcester Catholic Men’s Conference: Rebecca Urban of
Visitation House
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If I had to pick one pro-life organization for you to support it would be
visitation house: You would think that a place that has taken in pregnant
woman a...
52 minutes ago
That SNL Obama China skit will make more and more sense.
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