Re:U.S. job openings post biggest drop in more than four years
by endorphone on Friday January 17, 2020 @11:58AM
(#22076446)
In the context of the US debt, this is an incredible claim.
1. It's larger than ever
2. It's growing faster than ever
3. T-Bill rates are at record lows
If 1. and 2. were false because 3. is true, you'd have a cogent point. But they aren't false. The debt situation is getting dramatically worse despite low rates, and those low rates on the perpetually recycled US debt are unlikely to hold. So when the $5T of debt Trump added is resold at 5%, and the sugar rush of his economic priming is over...yeah, it's not going to look so great.
1. It's larger than ever 2. It's growing faster than ever 3. T-Bill rates are at record lows
If 1. and 2. were false because 3. is true, you'd have a cogent point. But they aren't false. The debt situation is getting dramatically worse despite low rates, and those low rates on the perpetually recycled US debt are unlikely to hold. So when the $5T of debt Trump added is resold at 5%, and the sugar rush of his economic priming is over...yeah, it's not going to look so great.