And as China starts to back away from holding our bad debt, the Dirty Fed has stepped in to print money and become the largest Treasury holder.
How convenient to be able to spend at will and not have to actually borrow money from real investors. This will surely end well.
2 comments:
should we take a pool on $16T?
Looks like they're in the men's room. Just sayin'.
I mean, just look at the glow on The Bernanke's face...
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