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.
Monday, January 14, 2013
Treasury Advances Date of U.S. "Slow Pay"
Secretary Geithner today confirmed the report out of the BPC last week asserting that the date on which Treasury's "extraordinary measures" may become inadequate to "pay the bills" in a timely fashion may be as early as mid February.
Story at CBS here.
This trend is NOT your friend.
Labels:
debt ceiling 2013,
MMT
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