OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Richard640 @ 8:48 re Bond Market’s $1 Trillion Deficit Spiral Has No Political Fix

Posted by Mr.Copper @ 10:02 on October 10, 2018  

part: Not only is the U.S. budget deficit primed to swell to roughly $1 trillion by fiscal 2019 and past that in subsequent years, but the interest owed by the government is also forecast to triple in the coming decade.

Comment: “Coming decade?” Ten more years? That would be nice. At this point, TPTB have nothing to lose . The “point of no return”, going down the runway. Too lake to abort the plan, so throttle up and hope they clear the trees at the end of the runway.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.