An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Wednesday, May 4, 2011
Only $14 billion left...
Daily Treasury Statement just came out. As of May 3, figures in millions $
S&P say that negative outlooks remain for 6mths-2yrs unless a ratings change actually occurs....and that if the US defaults it goes straight to D. Ought to be enough to scare the numbnuts up on the Hill.
S&P say that negative outlooks remain for 6mths-2yrs unless a ratings change actually occurs....and that if the US defaults it goes straight to D. Ought to be enough to scare the numbnuts up on the Hill.
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