This drawdown in cash, and jump in government outlays, was to be expected following the latest Monthly Statement from the Treasury which showed a surge in government outlays, which hit a record high $429 billion in June, for reasons discussed previously.
What austerity?
Treasury To Issue Half A Trillion Dollars In Debt In Q4
Tyler Durden
1 comment:
"What austerity?"
Exactly... and then add to that "What wars?"....
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