The Deeper Dive: A US Sovereign, Corporate ... and Personal Debt Crisis is Bearing Down on Us All
But the worst of it, which affects everything else, is the Sovereign debt crisis that is already camping in the darkness of the night right on our doorstep.
The debt crisis is getting real, says Reason magazine.
The simple truth is making itself apparent to Treasury investors at last:
Rising bond yields mean the national debt is going to be a lot more expensive in the next few years, and we just keep adding to it.
Adding to it in massive heaps as I wrote in my editorial earlie…
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