It’s all about the budget Matt and others are trying to keep it down but it’s a difficult slog with McCarthy in charge but it is what it is I’m in Key West today
The FED. Budgets grows by 8% every year since about 2000.
72 / 8 = 9 - It takes 9 year to double the Fed. budget with this BUILT in 8% increase.
We are a few years away from Argentina level of Federal Debt.
The various D States and Cities are already there - N.Y. both City and State, Chicago, as well as Illinois, CA. etc.
10yr treasuries pay 4.5% Inflation is running at 3-4% - no way to live in your old age on your savings. History just keeps repeating itself
Are you working in Key West today or visiting family? Next month is Fantasy Fest...
Agree Mr Smiley trying to weasel his way to a chummy Deal